Question 7

The question below is based on the Khan Academy's video on "What it means to buy a company stock" from Module 2.

The following data is gathered for 'The Procter & Gamble Company '.

Follow the same steps shown in the video.

The Procter & Gamble Company
151,383	Total Assets (in $ billions)
70,845	Total Current Liabilities (in $ billions)
35,650	Long term debt (less current maturities) (in $ billions)
2,400	Total number of Shares Outstanding (in millions)

How much is this company's stock value?

Enter your answer in the following format: 12.34 Hint: Answer is between 16.83 and 21.32