Answered step by step
Verified Expert Solution
Question
1 Approved Answer
If a company has 1.5 million shares outstanding at $25 per share, what is its market capitalization? Group of answer choices A)$1.5 million B)$37.5 million
If a company has 1.5 million shares outstanding at $25 per share, what is its market capitalization?
Group of answer choices
A)$1.5 million
B)$37.5 million
C)$75 million
D)$25 million
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started