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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In December
2018​,
General Electric​ (GE) had a book value of equity of
$51.4
​billion,
8.6
billion shares​ outstanding, and a market price of
$8.09
per share. GE also had cash of
$69.3
​billion, and total debt of
$109.6
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?
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