This paper circulates around the core theme of MBA 507 – A firm has a stock account of $3,000,000 (at $0.25 par) reported together with its essential aspects. It has been reviewed and purchased by the majority of students thus, this paper is rated 4.8 out of 5 points by the students. In addition to this, the price of this paper commences from £ 99. To get this paper written from the scratch, order this assignment now. 100% confidential, 100% plagiarism-free.
A firm has a stock account of $3,000,000 (at $0.25 par) reported on its balance sheet. Yesterday the firm’s stock had a closing price of $22.50. Today, the firm paid a $0.35 dividend and the closing price is $22.10.Determine the firm’s market capitalization at the end of the day yesterday.$ millionDetermine the firm’s market capitalization at the end of the day today.$ millionDid the firm’s shares lose value or gain value between yesterday and today? Calculate the amount of the shareholders loss or gain. Use negative sign to indicate a loss. Round your answer to one decimal place.$ million
