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28 April, 20:57

Suppose that a corporation has a market capitaliation of 97,000,000,000 with 450M outstanding shares. Calculate price per share to nerest cent.

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  1. 28 April, 21:09
    0
    i think its

    215.555555556 or 215.55
  2. 28 April, 21:26
    0
    Suppose that a corporation has a market capitalization of $97,000,000,000 with 450M outstanding shares.

    Solution: We are given:

    Market Capitalization = $ 97,000,000,000

    Outstanding shares = 450M = 450,000,000

    Price per share = Market-capitalization / Outstandingshares

    = 97,000,000,000/45,000,000 = 215.56

    So, the Price per share is $215.56
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