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In December 2015. General Electric (GE) had a book value of equity of $98.2 billion, 9.6 billion shares outstanding, and a market price of
In December 2015. General Electric (GE) had a book value of equity of $98.2 billion, 9.6 billion shares outstanding, and a market price of $31.17 per share. GE also had cash of $103.5 billion, and total debt of $199.9 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.)
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