Answered step by step
Verified Expert Solution
Question
1 Approved Answer
You are looking at company XYZ as a potential investment opportunity. The company is profitable and has a stock price of $52 per share. Its
You are looking at company XYZ as a potential investment opportunity. The company is profitable and has a stock price of $52 per share. Its earnings per share is 35, which is well above the industry average and XYZ company plans to issue a dividend at the end of the year as an expression of gratitude to its investors. The company has 100 million shares outstanding. What type of market capitalization does XYZ company have?
Question 35 options:
|
|
Large capitalization
|
|
|
Medium capitalization
|
|
|
Small capitalization
|
|
|
Mega-large capitalization
|
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered 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