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In December 2015, General Electric (GE) had a book value of equity of $97.5 billion, 9.3 billion shares outstanding, and a market price of $30.46

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In December 2015, General Electric (GE) had a book value of equity of $97.5 billion, 9.3 billion shares outstanding, and a market price of $30.46 per share. GE also had cash of $102.8 billion, and total debt of $201.5 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.) In December 2015, Apple had cash of $37.95 billion, current assets of $76.08 billion, and current liabilities of $76.19 billion. It also had inventories of $2.45 billion. a. What was Apple's current ratio? b. What was Apple's quick ratio? c. In January 2016, Hewlett-Packard had a quick ratio of 0.66 and a current ratio of 0.90. What can you say about the asset liquidity of Apple relative to Hewlett-Packard? a. What was Apple's current ratio? Apple's current ratio was (Round to two decimal places.)

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