karinadiaz6382 karinadiaz6382

17-04-2024
Business

Answered

A company's common shares are trading at $12 per share. It has 2 million authorized shares and 1.5 million outstanding shares. The average daily trading volume is 500.000 shares. What is the market capitalization?

A. $18 million
B. $24 million
c. $6 million
D. it depends on the public float

Answer :

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