Here is a simplified balance sheet for Caterpillar Tractor: Caterpillar Tractor Balance Sheet ($ in millions) Current liabilities 46,838 Long-term debt Current assets $42,527 Long-term assets Total Other liabilities Equity $89,365 Total Market value Market value added Caterpillar has 660 million shares outstanding with a market price of $86 a share. a. Calculate the company's market value added. (Enter your answers in millions.) Yes No $29,752 27,755 14,323 17,535 $89,365 GA million million b. Calculate the market-to-book ratio. (Round your answer to 2 decimal places.) Market-to-book ratio c. Has the company created value for shareholders?

Here is a simplified balance sheet for Caterpillar Tractor: Caterpillar Tractor Balance Sheet ($ in millions) Current liabilities 46,838 Long-term debt Current assets $42,527 Long-term assets Total Other liabilities Equity $89,365 Total Market value Market value added Caterpillar has 660 million shares outstanding with a market price of $86 a share. a. Calculate the company's market value added. (Enter your answers in millions.) Yes No $29,752 27,755 14,323 17,535 $89,365 GA million million b. Calculate the market-to-book ratio. (Round your answer to 2 decimal places.) Market-to-book ratio c. Has the company created value for shareholders?

Name: Here is a simplified balance sheet for Caterpillar Tractor:Caterpilla
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Description: Here is a simplified balance sheet for Caterpillar Tractor:Caterpillar TractorBalance Sheet($ in millions)Currentliabilities46,838 Long-term debtCurrent assets $42,527Long-termassetsTotal$89,365 TotalMarket valueMarket valueaddedOther liabilitiesEqu

Century 21 Accounting General Journal

11th Edition

ISBN:9781337680059

Author:Gilbertson

Publisher:Gilbertson

Chapter17: Financial Statement Analysis

Section: Chapter Questions

Problem 4AP

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