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A firm has 30 million shares outstanding, and each share is traded at $100. In this case, the market capitalization is 30,000 shares, that is, 30 million shares/$100 $200,000, that is, $2,000 × $100. $3 billion, that is, 30 million shares × $100. 20:1, that is, $2,000/$100.

A firm has 30 million shares outstanding, and each share is traded at $100. In this case, the market capitalization is 30,000 shares, that is, 30 million shares/$100 $200,000, that is, $2,000 × $100. $3 billion, that is, 30 million shares × $100. 20:1, that is, $2,000/$100.

Understanding Business
Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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A firm has 30 million shares outstanding, and each share is traded at $100. In this case, the market capitalization is 30,000 shares, that is, 30 million shares/$100 $200,000, that is, $2,000 × $100. $3 billion, that is, 30 million shares × $100. 20:1, that is, $2,000/$100.
Transcribed Image Text:A firm has 30 million shares outstanding, and each share is traded at $100. In this case, the market capitalization is 30,000 shares, that is, 30 million shares/$100 $200,000, that is, $2,000 × $100. $3 billion, that is, 30 million shares × $100. 20:1, that is, $2,000/$100.
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