Question

Using the Exxon data as an example, what would be the market capitalization of Penny's Pickles if each share is selling for $175.35?

Answer 1

Answer:$1,753,500

Explanation:I multiplied the amount of stacks availible and how much the stocks cost.

Answer 2

Answer:From the Exxon data penny share is given as 10,000 shares

So market capitalization is 1753500

Explanation: penny market capitalization is share price*units of share

175.35*10000=1753500