FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Suppose that Exxon Mobils market price most recently was $83. The company has 3.02 billion shares outstanding. Calculate the market value in billions of dollars.

Suppose that Exxon Mobils market price most recently was $83. The company has 3.02 billion shares outstanding. Calculate the market value in billions of dollars. Do not round at intermediate steps in your calculation. Round to two decimal places. Do not type the $ symbol.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Private Equity Mathematics

Private Equity Mathematics

Authors: Oliver Gottschalg

1st Edition

1908783508, 9781908783509

More Books

Students also viewed these Finance questions

Question

★★★★★
Carl is the president of Carlton Corporation. He spends three days testifying before Congress on the impact that proposed legislation has on his industry. In his testimony he states that if the...

Answered: 1 week ago

Question

★★★★★
The distillate stream from a distillation column (flowrate \(35 \mathrm{~m}^{3} / \mathrm{h}\), density of water) is recycled. The destination of the recycle stream is a point \(3 \mathrm{~m}\) below...

Answered: 1 week ago

Question

★★★★★
Describe the historical roots of clinical psychology.

Answered: 1 week ago

Question

★★★★★
From the United Insurance Co., Rebecca Foster obtained a policy insuring the life of Lucille McClurkin and naming herself as beneficiary. McClurkin did not live with Foster, and Foster did not inform...

Answered: 1 week ago

Question

★★★★★
can you please solve reak-even sales under present and proposed conditions: ortmann Company, operating at full capacity, sold 1,000,000 units at a price of $187 per unit during the current year, Its...

Answered: 1 week ago

Question

★★★★★
The IE and IP registers of Intel 8051 and the interrupt vector address table are given at the end. Configure the IE and IP registers to enable Timer 1 and External Interrupt 1, but Timer 1 with a...

Answered: 1 week ago

Question

★★★★★
A "place-based" IUOP does the following: Question 12 options: a) if you are a victim of income inequality, the IUOP will hold your "place" in line so that you can apply for benefits, goods, and...

Answered: 1 week ago

Question

★★★★★
Materials Variances Manzana Company produces apple juice sold in gallons. Recently, the company adopted the following material standard for one gallon of its apple juice: Direct materials 128 oz. @...

Answered: 1 week ago

Question

★★★★★
Excel Instructions using Excel 2010 or 2013: 1. Enter the appropriate numbers/formulas in the shaded (gray) cells. An asterisk (*) will appear to the right of an incorrect answer. 2. A formula begins...

Answered: 1 week ago

Question

★★★★★
Jamie Lee Jackson, age 26, is in her last semester of college and is waiting for graduation day that is just around the corner! It is the time of year again when Jamie Lee must file her annual...

Answered: 1 week ago

Question

★★★★★
A wedding planner will request musical group bids and select the top three bids. The wedding planner will assign tasks for specific wedding party members to complete. Wedding party members with tasks...

Answered: 1 week ago

Question

★★★★★
=+1. Who will receive the final evaluation?

Answered: 1 week ago

Question

★★★★★
=+1. Do you need objective data? 6. dan you tolerate less: |jrecis;e statistics than a

Answered: 1 week ago

Question

★★★★★
=+2. Can you be objective in your study even professional researcher might generate? though it involves your own organization?

Answered: 1 week ago

Previous Question Next Question