Sherman Bush
08/05/2024 · Primary School
A small company is started up that makes blankets. The company sells a total of 4,000 shares at \( \$ 20 \) each to raise money to start the business. At the end of the year, the company makes \( \$ 28,000 \) in profits and pays out \( \$ 8,000 \) in dividends. Complete parts (a) through (f) below. (a) What is the market capitalization of the company? The market capitalization is \( \$ \square \). (Simplify your answer. Do not include the \( \$ \) symbol in your answer.)
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The market capitalization is 80000.
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