The following table shows Fortune 500's rankings of America's 10 largest corporations for 2010. Next to each corporation is its market capitalization (in billions of dollars as of March 26, 2010) and its total return to investors for the year 2009. (Largest corporations) Company Walmart Exxon Mobil Chevron General Electric Bank of America ConocoPhillips AT&T Ford Motor JP Morgan Chase Hewlett-Packard Mkt. Cap. (in $ billions) $209 314 149 196 180 78 155 47 188 125 Total Return -2.7% -12.6 8.1 -0.4 7.3 2.9 4.8 336.7 19.9 43.1 SOURCE: money.cnn.com, May 3, 2010. Calculate the mean value of market capitalization. Report the answer

The following table shows Fortune 500's rankings of America's 10 largest corporations for 2010. Next to each corporation is its market capitalization (in billions of dollars as of March 26, 2010) and its total return to investors for the year 2009. (Largest corporations) Company Walmart Exxon Mobil Chevron General Electric Bank of America ConocoPhillips AT&T Ford Motor JP Morgan Chase Hewlett-Packard Mkt. Cap. (in $ billions) $209 314 149 196 180 78 155 47 188 125 Total Return -2.7% -12.6 8.1 -0.4 7.3 2.9 4.8 336.7 19.9 43.1 SOURCE: money.cnn.com, May 3, 2010. Calculate the mean value of market capitalization. Report the answer

Pfin (with Mindtap, 1 Term Printed Access Card) (mindtap Course List)

7th Edition

ISBN:9780357033609

Author:Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk

Publisher:Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk

Chapter11: Investment Planning

Section: Chapter Questions

Problem 7FPE: Using the Value Line Investment Survey report in Exhibit 11.5, find the following information for...

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