Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

URGENT! Please help me understand how the expert got the outstanding shares for each stock in their answer. This was my question: Calculate the market

URGENT! Please help me understand how the expert got the outstanding shares for each stock in their answer. This was my question:

Calculate the market capitalization of the five stocks listed (use close price): JP Morgan Chase (JPM), McDonald's (MCD). Pfizer Inc. (PFE), Moderna (MRNA) and Tesla Inc.(TSLA) for the first and last day of February, 2021. Please show your work and how you got your information.

Part of the answer I received was this:

JP Morgan Chase

Outstanding Shares = 3,027,000,000

McDonald's (MCD)

Outstanding Shares = 752,000,000

Pfizer Inc. (PFE)

Outstanding Shares = 5,708,000,000

Please provide detailed explanation how you find the outstanding shares on Yahoo Finance for these stocks and screenshots if possible to show where the outstanding shares is located on Yahoo Finance. Please inform me if you get the same answer as this expert.

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_2

Step: 3

blur-text-image_3

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

The Millionaire Next Door The Surprising Secrets Of Americas Wealthy

Authors: Thomas J. Stanley, William D. Danko

1st Edition

1589795474, 978-1589795471

More Books

Students also viewed these Finance questions

Question

Do you have a morning routine?

Answered: 1 week ago