In December 2015. General Electric (GE) had a book value of equity of $97.1 billion, 9.6 billion shares outstanding and a market price of $29.94 per share GE also had cash of $101.9 billion, and total debt of $197.8 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) Quisco Systems has 6.4 billion shares outstanding and a share price of $18.06 Qusco in considering developing a new networking product in house at a cost of $523 million Alternatively, Quisco can acquire a firm that already has the technology for $975 million worth at the current price) of Quisco stock. Suppose that absent the expense of the new technology. Quisco will have EPS of S0.77 a. Suppose Quisco develops the product in house. What impact would the development cost have on Quiscos EPS? Assuma al costs are incurred this year and are treated as an R&D expense. Quisco's tax rate is 35%, and the number of shares outstanding is unchanged b. Suppose Quisco does not develop the product in house but instead acquires the tecnolog wwe would the acquisition have on Qusco's EPS this year? (Note that acquisition expenses do not appear directly on the income statement Assume the firm was acquired at the start of the year and has no ravenues of expenses of is own to that the only affect on EPS is due to the change in the number of shares outstanding) c. Which method of acquiring the technology has a smaller impact on camnings? Is this method cheaper? Explain a. Suppose Quisco develops the product in house What impact would the development cost have on Quisco's EPS? Assume all costs are incurred this year and are treated as an R&D expense Quisco's tax rates 35%, and the number of shares outstanding is unchanged. Quisco's new EPS would be $10 Round to the nearest cent)