Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Homework: HW 4b - Fin. statement analysis Save Score: 0 of 3 pts 4 of 8 (5 complete) HW Score: 53.18%, 11.7 of 22 pts

image text in transcribed
Homework: HW 4b - Fin. statement analysis Save Score: 0 of 3 pts 4 of 8 (5 complete) HW Score: 53.18%, 11.7 of 22 pts P 2-19 (similar to) Question Help In December 2015, General Electric (GE) had a book value of equity of $98.7 billion, 8.3 billion shares outstanding, and a market price of $31.75 per share. GE also had cash of $103.6 bilion, and total debt of $198.5 billion a. What was GE's market capitalization? What was GE's market-to-book ratio? b. What was GEs book dobl-equity ratio? What was GE's market debt-equity ratio? c. What was GE's enterprise value a. What was GE's market capitalization? GEs market capitalization was $billion, (Round to one decimal place) Enter your answer in the answer box and then click Check Answer ? parts remaining Clear All Check Antwer

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

Trade Union Finance

Authors: Marick F. Masters, Raymond Gibney

1st Edition

1032371382, 978-1032371382

More Books

Students also viewed these Finance questions

Question

a. Describe the encounter. What made it intercultural?

Answered: 1 week ago