Calculate the market capitalization of each of these companies, and classify each of the companies as a mega-cap, large-cap, mid-cap, or small-cap company.
(a) Its common stock is selling at $24 and it has 100 million outstanding shares
The market capitalization is $______
(b) Its common stock is selling at $500 and it has 30 million shares outstanding
The market capitalization is $ _______
(c) Its common stock is selling at $800 and it has 2 billion outstanding shares
The market capitalization is $______