The price of each of a firm's shares multiplied by the number of shares outstanding represents the firm's
A) total equity base.
B) current market value.
C) total market share.
D) current market share.

Question

Quizplus · Accepted Answer

The price of each share multiplied by the number of shares outstanding is known as the market capitalization or market value of the firm. This represents the total value of the company in the stock market, which is often used as an indicator of the company's size and success.

The Price of Each of a Firm's Shares Multiplied by the Number