If the market price of Gentec's shares is $30.00,and there are 3 million shares outstanding,then Gentec's market capitalization is $9 million.

Name: If the market price of Gentec's shares is $30.00,and there are 3 million shares outstanding,then Gentec's market capitalization is $9 million.
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Quizplus · Accepted Answer

Market capitalization is calculated by multiplying the share price by the number of shares outstanding. In this case, $30.00 multiplied by 3 million shares equals $90 million, not $9 million.

If the Market Price of Gentec's Shares Is $30