A Company Whose Has 1,000,000 Shares and a Current Stock

question 44

Multiple Choice

A company whose has 1,000,000 shares and a current stock price of $15.67 would have a market capitalization of:

• A) $6,380,000
• B) 6.38%
• C) 15.67%
• D) $15,670,000
• E) $1,000,000

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Definitions:

Computerized Optical Scanning Equipment

Technology devices used for electronically converting images of text, handwriting, or printed documents into machine-encoded text or images.

Perpetual Systems

Inventory management systems that continuously update the record of inventory levels with each sale or purchase, providing real-time information.

Inventory Purchases

Transactions made by a business to acquire goods intended for sale during the normal course of operations.

Cost of Goods Sold

Direct costs attributable to the production of the goods sold by a company, including the cost of materials and labor.