hoose the best answer to the following question. Explain your reasoning. Company
ID: 3114570 • Letter: H
Question
hoose the best answer to the following question. Explain your reasoning. Company A has 3 million shares outstanding and a share price of $11 company B has 30 million shares outstanding and a share price of $10. Company C has 00,000 shares outstanding and a share price of $110. Which company has the greatest market capitalization? Choose the correct answer below O A. Company C has the greatest market capitalization. Company C has a lower number of outstanding shares and a higher share ared to the other two companies. OB. Company A has the greatest market capitalization. The ratio of outstanding share to share price is the greatest for company A OC. Company B has the greatest market capitalization. Company B's outstanding shares and share price are in the middle range. I's safer to choose a moderate number of shares and a moderate share price, rather than go to an extreme O D. Company Ahas the greatest market capitalization. Company A has a realistic amount of outstanding shares and a low share price compared to the other two companies OE. Company C has the greatest market capitalization. The ratio of outstanding share to share price is the greatest for company C. F. Company B has the greatest market capitalization. Company B has a higher number of outstanding shares and a lower share price than the other two companiesExplanation / Answer
Option C
SInce Company B has 30 millions of outstanding at the rate of $10 per share.while Company A has 3million and Company C has 300,000 outstanding. So, it shows that the company B has greater market capitalization than Comapny A and C.
So option C is the answer.
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