Business English Lesson, Advanced Level
ESL/EFL Test #171 [color=blue]“Asset Classes”, question 4
Market capitalization (market cap) is a measure of the size and value of a company; to determine this, you simply multiply the number of the company’s … shares of stock by the market price of one share.
(a) corporate
(b) individual
(c) open market
(d) outstanding
Business English Lesson, Advanced Level
ESL/EFL Test #171 [color=blue]“Asset Classes”, answer 4
Market capitalization (market cap) is a measure of the size and value of a company; to determine this, you simply multiply the number of the company’s outstanding shares of stock by the market price of one share.
Correct answer: (d) outstanding
[size=200]_________________________[/size]
What is the meaning of outstanding shares?
thanks.