The following table shows Fortune 500's rankings of America's 10 largest corporations for 2010. Next to each corporation is its market capitalization (in billions of dollars as of March 26, 2010) and its total return to investors for the year 2009. (Largest corporations) Company Walmart Exxon Mobil Chevron General Electric Bank of America ConocoPhillips AT&T Ford Motor JP Morgan Chase Hewlett-Packard Mkt. Cap. (in $ billions) $209 314 149 196 180 78 155 47 188 125 Total Return -2.7% -12.6 8.1 -0.4 7.3 2.9 4.8 336.7 19.9 43.1 SOURCE: money.cnn.com, May 3, 2010. Calculate the mean value of market capitalization. Report the answer

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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The following table shows Fortune 500's rankings of America's 10 largest
corporations for 2010. Next to each corporation is its market capitalization (in
billions of dollars as of March 26, 2010) and its total return to investors for the year
2009. (Largest corporations)
Company
Walmart
Exxon Mobil
Chevron
General Electric
Bank of America
ConocoPhillips
AT&T
Ford Motor
$209
314
149
196
180
78
155
47
188
125
SOURCE: money.cnn.com, May 3, 2010.
Calculate the mean value of market capitalization. Report the answer
$100,450,000,000 with $ and 2 decimal points like $100.45.
JP Morgan Chase
Hewlett-Packard
Mkt. Cap.
(in $ billions)
Answer: $164,100,000,000.00
Check
Total Return
-2.7%
-12.6
8.1
-0.4
7.3
2.9
4.8
336.7
19.9
43.1
X
Transcribed Image Text:The following table shows Fortune 500's rankings of America's 10 largest corporations for 2010. Next to each corporation is its market capitalization (in billions of dollars as of March 26, 2010) and its total return to investors for the year 2009. (Largest corporations) Company Walmart Exxon Mobil Chevron General Electric Bank of America ConocoPhillips AT&T Ford Motor $209 314 149 196 180 78 155 47 188 125 SOURCE: money.cnn.com, May 3, 2010. Calculate the mean value of market capitalization. Report the answer $100,450,000,000 with $ and 2 decimal points like $100.45. JP Morgan Chase Hewlett-Packard Mkt. Cap. (in $ billions) Answer: $164,100,000,000.00 Check Total Return -2.7% -12.6 8.1 -0.4 7.3 2.9 4.8 336.7 19.9 43.1 X
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