All categories

2 years ago

What would chester corporation’s market capitalization be if the current stock price fell 10%?.

1 answer:

3 0

If the current share price drops by 10%, Chester Corporation will have a market capitalization of $ 73,668,639 or $ 73.7 million.

Market capitalization = current stock price x total number of issued shares.

I don't know the total number of issued shares or the current stock price, so I can use another question as an example.

Another question is that the total number of issued shares is 3,225,987 and the current share price is $ 20.76. So if the current market capitalization = 3,225,987 x $ 20.76 = $ 66,971,490

stock price rises 10% ($ 22.836), Chester's market capitalization = 3,225,987 x $ 22.836 = 73,668. $ 639 or $ 73.7 million.

<h3>What defines stock price?</h3>

The stock price is a relative and proportional value of a company's worth. Therefore, it only represents a percentage change in a company's market cap at any given point in time. Any percentage changes in a stock price will result in an equal percentage change in a company's market cap.

<h3 /><h3>What is market capitalization?</h3>

Market capitalization, or market cap, is the total value of a company’s shares of stock. Market cap is calculated by multiplying the number of stock shares outstanding by the current share price. Shares outstanding includes all shares — those available to the public as well as restricted shares available to and held by specific groups.

For more information on market capitalization, please visit brainly.com/question/16616414

# SPJ10.

You might be interested in

The cash account for Stone Systems at July 31, 20Y5, indicated a balance of $12,350. The bank statement indicated a balance of $

Luba_88 [7]

Answer:

Balance at bank as per cash book $12,810

Add Unpresented Checks $17,865

Less Lodgements not yet credited ( $9,150)

Balance as per Bank Statement $21,525

<em>The bank has to make corrections of the error it has made - a note should be sent</em>

Cash $540 (debit)

Holland Co $540 (credit)

Bank Charges $80 (debit)

Cash $80 (credit)

3. Cash Balance = $12,810

Explanation:

<em>Step 1 First Bring the Cash Balance in the Cash Book Up to Date by doing the following :</em>

Debit :

Balance as per Cash Book as at July 31, 20Y5 $12,350

Over stated Check - Holland Co 930-390 $540

Totals $ 12,890

Credit:

Bank service charges $80

Updated Cash Book - Cash Balance $12,810

Totals $ 12,890

<em>Step 2 Prepare the Bank Reconciliation Statement as follows</em>

Balance at bank as per cash book $12,810

Add Unpresented Checks $17,865

Less Lodgements not yet credited ( $9,150)

Balance as per Bank Statement $21,525

<em>The bank has to make corrections of the error it has made - a note should be sent</em>

Cash $540 (debit)

Holland Co $540 (credit)

Bank Charges $80 (debit)

Cash $80 (credit)

<em />

7 0

4 years ago

The overall process of building and maintaining profitable customer relationships by delivering superior customer value and sati

Yanka [14]

Answer:

customer relationship management

4 0

3 years ago

Ahmed is a department head at Southwest City Hospital. He spends most of his time training and coaching employees to perform the

fredd [130]

Answer:

Incomplete question

Complete question:Ahmed is a department head at Southwest City Hospital. He spends most of his time training and coaching employees to perform their jobs more effectively and teaching other managers to be better leaders. Ricardo's job requires him to make full use of his

Answer: Relationship skills with human

Explanation:

Human relations skills is simply the ability to coach, tutor and motivate or boost the zeal of employees to work so that they become more productive during the course of working.

4 0

3 years ago

Read 2 more answers

Earnings on pooled investments and changes in fair value of investments are allocated to the participants having an equity inter

Naily [24]

Answer:

1) True

Explanation:

Generally pooled investments like mutual funds issue their own shares that basically include the value of all the securities that the pool has invested in. If you invest $2,000, then you are given shares that represent $2,000 in investments. if the value of the investment rises 10%, the value of your shares will increase to $2,200 (10%).

4 0

3 years ago

The campus bookstore sells 4,000 sets of graduation regalia each year. Placing an order from their supplier costs $25 regardle

poizon [28]

Answer:

$4050

Explanation:

Please see attachment

4 0

3 years ago