Market capitalization is used by the investment community in ranking the size of companies, as opposed to sales or total asset figures. It is also used in ranking the relative size of stock exchanges, being a measure of the sum of the market capitalizations of all companies listed on each stock exchange.
Why did James Monroe and Robert Livingston act quickly to buy the Louisiana Territory? President Jefferson had told them to buy the entire territory. They disagreed with President Jefferson about the price. President Jefferson did not have the authority to approve the purchase. They were afraid that Napoleon might change his mind. James Monroe and Robert Livingston act quickly to buy the Louisiana Territory because President Jefferson had told them to buy the entire territory. Log in to see link for more information. Added 2/20/2015 1:50:27 AM. This answer has been confirmed as correct, not copied, and helpful.
In this transaction with France, signed on April 30, 1803, the United States purchased 828,000 square miles of land west of the Mississippi River for $15 million.For roughly 4 cents an acre, the United States doubled its size, expanding the nation westward.Robert Livingston and James Monroe closed on the sweetest real estate deal of the millennium when they signed the Louisiana Purchase Treaty in Paris on April 30, 1803.or roughly 4 cents an acre, the United States doubled its size, expanding the nation westward. Robert Livingston and James Monroe closed on the sweetest real estate deal of the millennium when they signed the Louisiana Purchase Treaty in Paris on April 30, 1803.