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In December 2021, General Electric (GE) had a book value of equity of $40.1 billion, 1.2 billion shares outstanding, and a market price of $94.49

image text in transcribed In December 2021, General Electric (GE) had a book value of equity of $40.1 billion, 1.2 billion shares outstanding, and a market price of $94.49 per share. GE also had cash of $28.9 billion, and total debt of $33.2 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 $ billion. (Round to one decimal place.) What was GE's market-to-book ratio? GE's market-to-book ratio was (Round to two decimal places.) b. What was GE's book debt-equity ratio? GE's book debt-equity ratio was (Round to two decimal places.) What was GE's market debt-equity ratio? GE's market debt-equity ratio was (Round to two decimal places.) c. What was GE's enterprise value? GE's enterprise value was $ billion. (Round to one decimal place.)

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