State the calculation for market cap. Then calculate market cap for Walt Disney Company at October 3rd, 2020. Refer to the Weighted average number of common and common equivalent shares outstanding basic not diluted (abbreviated in millions) found in the footnotes to the financial statements.  You must provide the details of the calculation.

Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter4: The Balance Sheet And The Statement Of Shareholders' Equity
Section: Chapter Questions
Problem 9E
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State the calculation for market cap. Then calculate market cap for Walt Disney Company at October 3rd, 2020. Refer to the Weighted average number of common and common equivalent shares outstanding basic not diluted (abbreviated in millions) found in the footnotes to the financial statements.  You must provide the details of the calculation. 

 

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