
Macroeconomics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0077641559
Macroeconomics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0077641559 Exercise 11
Facebook has 600 million outstanding shares of common stock priced at $35; Ford Motor Company has 400 million outstanding shares of common stock priced at $50.
a) How much is the market capitalization of each company?
b) Which company has a larger market capitalization and how much larger is it?
a) How much is the market capitalization of each company?
b) Which company has a larger market capitalization and how much larger is it?
Explanation
a)
Facebook has 600 million outstanding ...
Macroeconomics 11th Edition by Stephen Slavin
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