FINANCE Market shares Outstanding
I am working on a term project for finance where I need to do the formula for WACC for debt, preferred stock, and common stock (I am analyzing 3 years of annual reports for Wal-Mart and Target 2004-2006).
I know what the formula is but I can't quite figure out where to get the market shares outstanding off the annual report to plug it into the formula. Can someone tell me?
The instructor is slow to answer and the report has to be finished by this Sunday, Dec 9th.
There has been no instruction on how to find this in the reports, we students are pretty much floundering around trying to find answers.
Thanks in advance!