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Katie32 Katie32
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2 years ago
If a firm has a 2 million shares outstanding and its stock trades at $25 per share, the company also has $10,000,000 in debt.  The company's market capitalization is

▸ $40,000,000.

▸ $49,000,000.

▸ $50,000,000.

▸ $60,000,000.
Textbook 
Fundamentals of Investing

Fundamentals of Investing


Edition: 14th
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paris.chenparis.chen
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Katie32 Author
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2 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
Lourd Jenkins
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This calls for a celebration Person Raising Both Hands in Celebration
ethom947
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Correct Slight Smile TY
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