State the calculation for market cap. Then calculate market cap for Walt Disney Company at October 3rd, 2020. Refer to the Weighted average number of common and common equivalent shares outstanding basic not diluted (abbreviated in millions) found in the footnotes to the financial statements.  You must provide the details of the calculation.

Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter12: Fainancial Statement Analysis
Section: Chapter Questions
Problem 56CE
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State the calculation for market cap. Then calculate market cap for Walt Disney Company at October 3rd, 2020. Refer to the Weighted average number of common and common equivalent shares outstanding basic not diluted (abbreviated in millions) found in the footnotes to the financial statements.  You must provide the details of the calculation. 

 

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