asked 82.2k views
2 votes
Locust has 657 million shares outstanding with a market price of $83 a share.

a. calculate the company's market value added. (enter your answers in millions.)

1 Answer

3 votes
total number shares * value per share = total market value

657,000,000 shares * $83/ share = 54, 531, 000, 000 or 54, 531 million

answered
User DotNetJayHawk
by
7.8k points
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