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Calculate the market capitalization of each company

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Reference no: EM132643998

Below are selected balance sheet and market data for three shoe companies. ($ millions)

Company    Company Year End                       Assets            Liabilities

Number of shares outstanding (in millions)     End of year stock price (per share)

Nike, Inc.May 31, 2016                 21,396       9,138        1,682       $55.22

Skechers, USA, Inc.Dec. 31, 2016     2,394        708         155            $24.58

Caleres, Inc.  Jan. 28, 2017              1,475         861           43           $32.82

Question 1: Calculate the market capitalization of each company.

Question 2: Calculate the market to book ratio for each company.

Question 3: Comment on differences you observe.

Reference no: EM132643998

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