Question 24 (1 point) Applied Materials Inc. (Symbol: AMAT) has the following financial statistics: stock price = $19.08, market cap - $25.83 billion, beta = 0.3, dividend payout ratio = 23%, EPS = $1.10, Expected DPS = $0.24, analyst forecast of earnings growth rate - 12%. Estimate the firm's shares outstanding. 1) 1,353,773,585 2) 2,353,805 3) 5,004,214,544 4) 1,001,981,926