QUESTION 21 Tech Co. has 180 million shares outstanding and each share of Tech Co. trades at $800. The book value of equity for Tech Co. is $37 per share. In the most recent quarter, Tech Co. has $12.95 billion in debt and $6.07 billion in cash holdings. The market capitalization (market value of equity) of Tech Co. is O a. $103.60 billion b. $144.00 billion O c. $479.15 billion d. $67.00 billion

Tech Co, has 180 millon shares outstanding and each share of Fech Co. trades at 5000 . The book value of equity fot Tech Co is 337 . per ghare. In the most recent quarter, Tech Co, has 512.95 bilion in debt and 56.07 billion in cash holdings. The market capitalization (market value of equity) of Tech Co. is a.st0s,60 bilinon b. $144,00 bilice c. S479.15 bifion d. 967,00 bifion