1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
belka [17]
2 years ago
12

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

Business
1 answer:
olga_2 [115]2 years ago
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
Consider the following financial statement information for the Hop Corporation:
EastWind [94]

Answer: Operating cycle = 84.70 days

Cash cycle = 41 days

Explanation:

Beginning inventory = $11,100

Ending Inventory = $12,100

Average inventory = ($11100 + $12100)/2 = 11600

Average Accounts receivable = (6,100 + 6,400)/2 = 6250

Average Accounts payable = (8,300 + 8,700)/2 = 8500

Day sales in inventory = Average inventory × 365 / Cost of goods sold

= 11600 × 365 / 71000 = 59.63 days

Average collection period = Average receivable × 365 / Credit sales

= 6250 × 365 /91000 = 25.07 days

Average payment period = 43.70 days

Therefore, operating cycle will be:

= Day sales in inventory + Average collection period

= 59.63 days + 25.07 days

= 84.70 days

Cash cycle = Operating cycle - Average payment period

= 84.70 - 43.70

= 41 days

7 0
3 years ago
Why do people cheat on the online course using this website?
Andru [333]
Because were stupid lol
5 0
2 years ago
Read 2 more answers
In long-run equilibrium, a purely competitive firm will operate where price is ________.
ahrayia [7]

Answer: The correct answer is "D. equal to MR, MC, and minimum ATC.".

Explanation: In long-run equilibrium, a purely competitive firm will operate where price <u>is equal to MR, MC, and minimum ATC.</u>

In perfect competition the companies are accepting price, therefore they will produce as long as the price is equal to the marginal cost and the marginal income thus ensures that the sale of each unit of product does not cost more than the profit obtained from the sale. of this and when the average total cost, that is, the total cost of producing each unit of product, is the least possible.

4 0
3 years ago
Read 2 more answers
Goodwill is: Multiple Choice Amortized over the greater of its estimated life or 40 years. The excess of the fair value of a bus
Svet_ta [14]

Answer:

Goodwill is:

The excess of the fair value of a business over the fair value of all net identifiable assets.

Explanation:

This definition of Goodwill implies that it is usually acquired by the purchaser of another business, when it pays a price higher than the fair market value of the other company's net assets.  It is not a physical asset like property, plant, and equipment, but intangible.

Goodwill arises from a company's good reputation, loyal customers or clientele base, brand identity, talented workforce, and proprietary technology.

Goodwill does not have a definite life and under US GAAP and IFRS standards.  Therefore, it is not amortized like other intangible assets but is evaluated for impairment every year.

8 0
3 years ago
American Bakeries had a fleet of over 3,000 delivery trucks. Because of the increasing cost of gasoline, the company was interes
Lisa [10]

Answer:

American bakeries will win

Explanation:

In the given case the American bakeries will win.

It is given in the question that the contract between the American Bakeries and the Empire is a requirement contract.

The requirement contract not necessarily means that the two parties will have the trade.

Therefore,

The American Bakeries does not require any purchase from the Empire

3 0
2 years ago
Other questions:
  • Jamison Company has the following obligations at December 31: For each obligation, indicate whether it should be classified as a
    8·1 answer
  • How does increasing the size of your down payment impact your auto loan?
    5·1 answer
  • Your résumé should be one-of-a-kind. True False?
    10·1 answer
  • Platen purchased inventory on August 17 and received an invoice with a list price amount of $5,900 and payment terms of 4/10, n/
    11·1 answer
  • The privacy act of 1974 ____.
    12·1 answer
  • Our company has an account receivable for $12,500 that we have now deemed uncollectible. We use the direct write-off method. Whi
    7·1 answer
  • What do you need to become a business development manager
    14·1 answer
  • If farmer sam macdoanld can produce 200 pounds of cabbages and 0 pounds of patotes or 0 pound of cabbes and 100 pounds of potato
    12·1 answer
  • Content area job order costing and process costing are
    9·1 answer
  • True or false: unlike the economic system of a country, the legal system is not influenced by the prevailing political system.
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!