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In December 2015, General Electric (GE) had a book value of equity of $97.8 billion, 9.7 billion shares outstanding, and a market price of $32.96
In December 2015, General Electric (GE) had a book value of equity of $97.8 billion, 9.7 billion shares outstanding, and a market price of $32.96 per share. GE also had cash of $101.2 billion, and total debt of $198.2 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 5 billion. (Round to one decimal place.)
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