In: Finance
In December 2015,General Electric (GE) had a book value of equity of $98.2 billion,
9.5 billion shares outstanding, and a market price of $29.97 per share. GE also had cash of $101.1 billion, and total debt of $196.9 billion.
a. What was GE's market capitalization? What was GE's market-to-book ratio?
b. What was GE's book debt-equity ratio? What was GE's market debt-equity ratio?
c. What was GE's enterprise value?
a. What was GE's market capitalization?
GE's market capitalization was $___ billion. (Round to one decimal place.)
What was GE's market-to-book ratio?
GE's market-to-book ratio was ___. (Round to two decimal places.)
b. What was GE's book debt-equity ratio?
GE's book debt-equity ratio was ___. (Round to two decimal places.)
What was GE's market debt-equity ratio?
GE's market debt-equity ratio was ___. (Round to two decimal places.)
c. What was GE's enterprise value?
GE's enterprise value was $___billion. (Round to one decimal place.)