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In December 2015, General Electric (GE) had a book value of equity of $98.3 billion, 9.4 billion shares outstanding, and a market price of

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In December 2015, General Electric (GE) had a book value of equity of $98.3 billion, 9.4 billion shares outstanding, and a market price of $32.14 per share. GE also had cash of $100.2 billion, and total debt of $197.4 billion. a. What was GE's market capitalization? What was GE's market-to-book ratio? b. What was GE's book debt-equity ratio? What was GE's market debt-equity ratio? c. What was GE's enterprise value? a. What was GE's market capitalization? GE's market capitalization was $ billion. (Round to one decimal place.) What was GE's market-to-book ratio? GE's market-to-book ratio was (Round to two decimal places.) b. What was GE's book debt-equity ratio? GE's book debt-equity ratio was (Round to two decimal places.) What was GE's market debt-equity ratio? GE's market debt-equity ratio was (Round to two decimal places.)

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