Figure Four Productions has 3.00 million shares outstanding that currently trade at $10.87. What is the...
Figure Four Productions has 3.00 million shares outstanding that currently trade at $10.87. What is the market capitalization for Figure Four today? (Express answer in millions. For example, $1,000,000 would be 1.00)
Homework Answers
Market capitalization equals the total number of outstanding shares multiplied by the current market price
Market capitalization = Outstanding shares * Current market price
Market capitalization = 3 million shares * $10.87
Market capitalization = 32.61 million $
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