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Question 2 . The shares of Misinformatics, Inc. were trading at $ 8 9 in September 2 0 1 3 . The firm s market

Question 2.
The shares of Misinformatics, Inc. were trading at $89 in September 2013. The firms market capitalization of common equity was $153.97 billion. Misinformatics listed $14 billion of debt on its most recent balance sheet.
a. Can you find the number of common shares outstanding?
b. What value was the value that the market was placing on the firms enterprise value (the value of the firm)?
c. Misinformatics listed 199 million shares in treasury stock on its balance sheet. How many issues shares were there?

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