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In December 2021, General Electric (GE) had a book value of equity of $41.3 billion, 1.4 billion shares outstanding, and a market price of
In December 2021, General Electric (GE) had a book value of equity of $41.3 billion, 1.4 billion shares outstanding, and a market price of $92.81 per share. GE also had cash of $27.7 billion, and total debt of $35.7 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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