In December 2018, General Electric (GE) had a book value of equity of $51.2 billion, 8.6 billion shares outstanding, and a market price of $7.92 per share. GE also had cash of $71.7 billion, and total debt of $111.3 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

In December 2018, General Electric (GE) had a book value of equity of $51.2 billion, 8.6 billion shares outstanding, and a market price of $7.92 per share. GE also had cash of $71.7 billion, and total debt of $111.3 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

EBK CONTEMPORARY FINANCIAL MANAGEMENT

14th Edition

ISBN:9781337514835

Author:MOYER

Publisher:MOYER

Chapter3: Evaluation Of Financial Performance

Section: Chapter Questions

Problem 8P

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