Question
In December 2015, General Electric (GE) had a book value of equity of $98.6 billion, 9.4 billion shares outstanding, and a market price of $31.78
In December
2015,
General Electric (GE) had a book value of equity of
$98.6
billion,
9.4
billion shares outstanding, and a market price of
$31.78
per share. GE also had cash of
$100.7
billion, and total debt of
$199.6
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
$nothing
billion.(Round to one decimal place.)
What was GE's market-to-book ratio?
GE's market-to-book ratio was
nothing.
(Round to two decimal places.)
b. What was GE's book debt-equity ratio?
GE's book debt-equity ratio was
nothing.
(Round to two decimal places.)
What was GE's market debt-equity ratio?
GE's market debt-equity ratio was
nothing.
(Round to two decimal places.)
c. What was GE's enterprise value?
GE's enterprise value was
$nothing
billion.
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