GetFit Clothing is currently trading at $5.90 per share with 25,000,000 shares outstanding. Also, a recent audit revealed that its total assets minus liabilities is $65,000,000. According to this information, what is GetFit's approximate market capitalization?
A) $11,000,000.
B) $65,000,000.
C) $148,000,000.
D) $384,000,000.
Correct Answer:
Verified
Q184: Which of the following correctly describes a
Q185: Ten years ago, Madison and Toby purchased
Q186: Last year, Orange Inc. reported earnings per
Q187: Rita is choosing between two mutual funds.
Q188: Which of the following best describes an
Q190: You are trying to decide whether it
Q191: Last quarter, Tech Inc. paid a dividend
Q192: Yang Bai is investing $10,000 and wants
Q193: Investors who are interested in purchasing a
Q194: Eduardo is buying three ETFs in his
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents