In December 2015, General Electric (GE) had a book value of equity of $98.7 billion, 9.1 billion shares outstanding, and a market price of $33 62 per share GE also had cash of $103.3 billion, and total debt of $2011 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 b. What was GE's book debt-equity GE's book debt-equity ratio was What was GE's market debt-equity ratio? GE's market debt-equity ratio was (Round to two decimal places) ratio? (Round to two decimal places) (Round to two decimal places)

In December 2015, General Electric (GE) had a book value of equity of $98.7 billion, 9.1 billion shares outstanding, and a market price of $33 62 per share GE also had cash of $103.3 billion, and total debt of $2011 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 b. What was GE's book debt-equity GE's book debt-equity ratio was What was GE's market debt-equity ratio? GE's market debt-equity ratio was (Round to two decimal places) ratio? (Round to two decimal places) (Round to two decimal places)

Name: In December 2015, General Electric (GE) had a book value of equity of
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Description: In December 2015, General Electric (GE) had a book value of equity of $98.7 billion, 9.1 billion shares outstanding,and a market price of $33.62 per share. GE also had cash of $103.3 billion, and total debt of $2011 billion.a. What was GE's market c

PFIN (with PFIN Online, 1 term (6 months) Printed Access Card) (New, Engaging Titles from 4LTR Press)

6th Edition

ISBN:9781337117005

Author:Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk

Publisher:Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk

Chapter11: Investment Planning

Section: Chapter Questions

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