Assume Boeing Has About 10

question 16

Multiple Choice

Assume Boeing has about 10.3 billion shares outstanding and the stock price is $37.10. Also, assume the P/E ratio is about 18.3. Calculate the approximate market capitalization for GE.

• A)$679 billion
• B)$188 billion
• C)$382 billion
• D)$103 billion

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Definitions:

Compound

A substance made up of two or more elements chemically combined in a fixed proportion.

IUPAC Name

The systematic naming of chemical compounds according to the rules established by the International Union of Pure and Applied Chemistry.

Compound

A material created when two or more elements chemically combine in definite ratios.

2,4-dimethylpyridine

An organic compound with a pyridine ring and methyl groups at the 2nd and 4th positions.