Use the Following Information to Answer the Question(s) Below

question 54

Multiple Choice

Use the following information to answer the question(s) below.
Suppose that Merck (MRK) stock is trading for $36.70 per share with 2.11 billion shares outstanding while Boeing (BA) has 697.5 million shares outstanding and a market capitalization of $38.223 billion. Assume that you hold the market portfolio.
-If you hold 1,000 shares of Merck,then the number of shares of Boeing that your hold is closest to:

• A) 240 shares
• B) 330 shares
• C) 510 shares
• D) 780 shares

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Definitions:

Financial Performance

A measure of how well a firm is using its assets to generate earnings.

Power-Influence Approach

A theory in leadership emphasizing the tactical use of power and influence by leaders to direct or change the behavior of followers towards desired outcomes.

Power

Refers to the capacity or ability to direct or influence the behavior of others or the course of events.

Influence Tactics

Strategies or methods used by individuals to persuade or direct others' behaviors and decision-making in a desired manner.