Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

5) In August 2019, Facebook (FB) had a book value of equity of $84.13 billion, 2.874 billion shares outstanding, and a market price of $183.63

image text in transcribed

5) In August 2019, Facebook (FB) had a book value of equity of $84.13 billion, 2.874 billion shares outstanding, and a market price of $183.63 per share. FB also had cash of $10.02 billion, and total debt of $13.21 billion. a. What was FB's market capitalization? What was FB's market-to-book ratio? b. What was FB's book debt-equity ratio? What was FB's market debt-equity ratio? c. What was FB's enterprise value

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Behavioral Finance And Investor Types

Authors: Michael M. Pompian

1st Edition

1118011503, 978-1118011508

More Books

Students also viewed these Finance questions