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In December 2018, General Electric (GE) had a book value of equity of $52.1 billion, 8.6 billion shares outstanding, and a market price of $7.97
In December 2018, General Electric (GE) had a book value of equity of $52.1 billion, 8.6 billion shares outstanding, and a market price of $7.97 per share. GE also had cash of $68.9 billion, and total debt of $108.5 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.)
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