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Balance Sheet 31-Mar-2022 31-Dec-2021 30-Sep-2021 30-Jun-2021 Assets Current Assets Cash and cash equivalents 293 300 255 232 Net receivables 401 362 385 460 Inventory 374

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Balance Sheet 31-Mar-2022 31-Dec-2021 30-Sep-2021 30-Jun-2021
Assets
Current Assets
Cash and cash equivalents 293 300 255 232
Net receivables 401 362 385 460
Inventory 374 342 437 306
Other current assets 60 43 53 45
Total Current Assets 1128 1047 1130 1043
Long-term investments 128 97 - 200
Property, plant, and equipment 979 991 995 1052
Goodwill 744 748 736 742
Other assets 777 825 910 797
Total Assets 3756 3708 3771 3834
Liabilities
Current Liabilities
Accounts payable 876 1467 922 980
Short/current long-term debt 410 2 173 288
Other current liabilities - - - -
Total Current Liabilities 1286 1469 1095 1268
Long-term debt 2381 2124 474 475
Other liabilities 435 574 559 551
Total Liabilities 4102 4167 2128 2294
Total Shareholder's Equity -346 -459 1643 1540
Total Liabilities and Shareholder's Equity 3756 3708 3771 3834
Some balance sheet information is shown here: (all values in millions of dollars). a. What change in the book value of the company's equity took place at the end of 2021? b. Is the company's market-to-book ratio meaningful? Is its book debt-equity ratio meaningful? Explain. a. What change in the book value of the company's equity took place at the end of 2021 ? The book value of equity by $ billion from the end of the previous quarter, and was (Select from the drop-down menus and round to three decimal places.)

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