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In 2 0 2 0 , Caterpillar Incorporated had about 5 4 0 million shares outstanding. Their book value was $ 4 3 . 4
In Caterpillar Incorporated had about million shares outstanding. Their book value was $ per share, and the market price was $ per share. The company's balance sheet shows that the company had $ billion of longterm debt, which was currently selling near par value. a What was Caterpillar's book debttovalue ratio? Note: Do not round intermediate calculations. Enter your answer as a decimal rounded to decimal places. b What was its market debttovalue ratio? Note: Do not round intermediate calculations. Enter your answer as a decimal rounded to decimal places. c Which measure should you use to calculate the company's cost of capital? tablea Book debttovalue ratiob Markeet debttovalue ratioc Measure
In Caterpillar Incorporated had about million shares outstanding. Their book value was $ per share, and the market price was $ per share. The company's balance sheet shows that the company had $ billion of longterm debt, which was currently selling near par value.
a What was Caterpillar's book debttovalue ratio?
Note: Do not round intermediate calculations. Enter your answer as a decimal rounded to decimal places.
b What was its market debttovalue ratio?
Note: Do not round intermediate calculations. Enter your answer as a decimal rounded to decimal places.
c Which measure should you use to calculate the company's cost of capital?
tablea Book debttovalue ratiob Markeet debttovalue ratioc Measure
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