Question
If a certain company has a market cap of
and its current stock price is
, approximately how many shares of the company have been issued? Round
your answer to the nearest whole number of shares.
your answer to the nearest whole number of shares.
Ask by Mathis Rowe. in the United States
Jan 22,2025
Upstudy AI Solution
Tutor-Verified Answer
Answer
The company has issued approximately 224,115 shares.
Solution

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Mind Expander
To find the number of shares issued by the company, you can use the formula:
Substituting the given values:
Rounding to the nearest whole number, the company has approximately
shares issued.