Q621
Number of shares outstanding are 10000 and price of stock is 50 then current market price is
A.
$10,000
B.
$100,000
C.
$500,000
AnswerD.
$200,000
Answer: Option C
Solution
Answer: Option C
Solution:
Current market price = Number of shares outstanding × Price of stock = 10000 × 500,000.