Calculate the market capitalization

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Calculate the market capitalization of each of these companies, and classify each of the companies as a mega-cap, large-cap, mid-cap, or small-cap company.

(a) Its common stock is selling at $24 and it has 100 million outstanding shares

The market capitalization is $______

(b) Its common stock is selling at $500 and it has 30 million shares outstanding

The market capitalization is $ _______

(c) Its common stock is selling at $800 and it has 2 billion outstanding shares 

The market capitalization is $______

Reference no: EM131556375

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