Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

GTC has a book value of equity of $38 billion, 1.09 billion shares outstanding, and a market price of $62.14 per share. GTC also has

image text in transcribed GTC has a book value of equity of $38 billion, 1.09 billion shares outstanding, and a market price of $62.14 per share. GTC also has cash of $22 billion, and total debt of $160 billion. What is GTC's market-to-book ratio? Round your answer to two decimal places. Your Answer: Answer Question 13 (1 point) (continuded from the previous question; GTC has a book value of equity of $38 billion, 1.09 billion shares outstanding, and a market price of $62.14 per share. GTC also has cash of $22 billion, and total debt of $160 billion.) What is GTC's enterprise value (in \$billions)? Round your answer to two decimal places. Your

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered 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

Students also viewed these Finance questions