Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Aug 30, 2024

Styles Othesis Inc. has 5 million shares outstanding. Its stock is currently trading at $40.5 per share, with an original book value of 10.27 per

Styles Othesis Inc. has 5 million shares outstanding. Its stock is currently trading at $40.5 per share, with an original book value of 10.27 per share. What is Othesis' market capitalization? Round to the nearest dollar

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

Students also viewed these Finance questions

Question

Explain what scientific methods are and why they are important.

Answered: 1 week ago

Question

★★★★★

Offhaus Manufacturing produces office supplies but outsources the delivery of its products to third-party carriers. Offhaus ships to 20 cities from its Dayton, Ohio, manufacturing facility and has...

Answered: 1 week ago

Question

★★★★★

You are considering moving your money to new bank offering a one-year CD that pays an 8% APR with monthly compounding. Your current bank's manager offers to match the rate you have been offered. The...

Answered: 1 week ago

Question

★★★★★

It's a warm evening in ancient Macedonia. The grapes will be ready for harvesting in three months. At this time, many winemakers will need to buy barrels in order to make wine. You are a cooper, and...

Answered: 1 week ago

Question

★★★★★

Read the Notes to the Financial Statements (FS) for AMAZON. These "notes" are displayed after the financial statements. The notes are required supplemental disclosures to a company's financial...

Answered: 1 week ago

Question

★★★★★

Preparation of a Questionnaire you decided on the business general manager and employees to be interviewed. This week, you will prepare the questions individually and then finalize the questionnaire...

Answered: 1 week ago

Question

★★★★★

As you probably know eBay is a company that creates a auction market for individuals trying to sell any item that they may possess. This allows the creation of an after-market for new and used...

Answered: 1 week ago

Question

★★★★★

The car company Lexus works to keep customers happy after each sale, aiming to delight each customer for life. In this pursuit, Lexus is focused on which step of the consumer decision making...

Answered: 1 week ago

Question

★★★★★

ag Exercise 4 The renowned landscape gardener Archi Jardin specializes in the design and construction of gardens for residential homes. As Archi Jardin regularly receives requests from customers to...

Answered: 1 week ago

Previous Question Next Question