[Solved] GetFit Clothing Is Currently Trading at $5

Question 186
Multiple Choice
Question 186

GetFit Clothing is currently trading at $5.90 per share with 25,000,000 shares outstanding. Also, a recent audit revealed that its total assets minus liabilities is $65,000,000. According to this information, what is GetFit's approximate market capitalization?

A) $11,000,000.
B) $65,000,000.
C) $148,000,000.
D) $384,000,000.

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