Carry % and x to 1 decimal place 1. WebCo has 6,700,000 shares outstanding. If its stock is trading at $37.52, what is its market capitalization? ($) 2. EC - Calculate the multiple of WebCo's market capitalization to its book value (balance sheet common equity). (x) ANSWERS MUST BE TYPED WebCo Income Statement for 2020 ($ in Millions) Sales (net) CofGS Gross profit Other expense Depr&Amort Lease expense EBIT Interest expense PBT Tax @ 26% PAT 482 321 161 95 19 12 35 8 27 7 20 Questions - Show ALL your calculations (Carry all answers to 1 decimal place.) WebCo Balance Sheet at 12/31/20 ($ in Millions) Assets Cash Receivables (net) Inventory PP & E (net) Patents Goodwill Total assets 23 47 61 207 22 10 370 Liabilities & Equity Accounts payable Short term debt Long term debt Preferred stock Common Equity Total Liabilities + Equity 51 12 141 20 146 370