See Table 2.5 showing financial statement data and stock price data for Mydeco Corp.

a. How did Mydeco’s book debt-equity ratio change from 2015 to 2019?

b. How did Mydeco’s market debt-equity ratio change from 2015 to 2019?

c. Compute Mydeco’s debt-to-enterprise value ratio to assess how the fraction of its business that is debt financed has changed over the period.

AppendixLO1