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We measure market capitalization by multiplying the number of shares of stock outstanding by the current price per share. Go to finance.yahoo.com and determine the
We measure market capitalization by multiplying the number of shares of stock outstanding by the current price per share. Go to finance.yahoo.com and determine the market capitalization of Nike, Tesla, and Walmart. Which company has the greatest market capitalization? Which company has the highest level of sales? If these are not the same companies, why do you think the company with the lower sales level has greater market capitalization?
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