Multiple Choice
Which of the following expressions accurately describes market cap?
A) It is the product of the number of outstanding shares and the share price.
B) It is the difference between the book value and the market value of a firm's assets.
C) It is the ratio of a firm's equity finance and its debt finance.
D) It is the difference between a firm's account receivables and account payables.
Correct Answer:
Verified
Correct Answer:
Verified
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