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In early 2015 , Ford Motor (F) had a book value of equity of $23.3 billion, 3.0 billion shares outstanding, and a market price of

image text in transcribed In early 2015 , Ford Motor (F) had a book value of equity of $23.3 billion, 3.0 billion shares outstanding, and a market price of $15 per share. Ford also had cash of $21.4 billion and total debt of $119.9 billion. Three years later, in early 2018 , Ford had a book value of equity of $36.0 billion, 3.0 billion shares outstanding with a market price of $12 per share, cash of $25.6 billion, and total debt of $154.6 billion Over this period, what was the change in Ford's a. market capitalization? b. market-to-book ratio? c. enterprise value? a. Over this period, what was the change in Ford's market capitalization? The change in GE's market capitalization was $ billion. (Do not round until the final answer. Then round to one decimal place.) b. Over this period, what was the change in Ford's market-to-book ratio? The change in GE's market-to-book ratio was (Do not round until the final answer. Then round to two decimal places.) c. Over this period, what was the change in Ford's enterprise value? The change in GE's enterprise value was $ billion. (Do not round until the final answer. Then round to two decimal places.)

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