A company has total current assets of 300000 and total long, Finance Basics

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A company has total current assets of 300000 and total long

Question: A company has total current assets of $300,000 and total long term assets of 500,000. Total current liabilities equal $150,000 and total long-term liabilities are $100,000. The company has 100,000 shares of $1 par common stock outstanding. The common stock has a market value of $25 per share. What is the company's market capitalization?

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