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Payton's Pizza has a share price of $40 and there are 2,000 shares outstanding. What is the market cap of Payton's Pizza?
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Payton's Pizza has a share price of $40 and there are 2,000 shares outstanding. What is the market cap of Payton's Pizza?

User Wosi
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1 Answer

2 votes

Answer: $80,000

Explanation:

Current market price per share = $40

Toral number of shares outstanding = 2000

Market capitalization = Current market price per share × total number of outstanding shares)

Market cap of payton's pizza $40 × 2000 = $80,000

User Stephen Quan
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2.9k points
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