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In early 2015 . Ford Motor (F) had a book value of equity of $24.8 bilson, 4.1 billion shares outstanding, and a market price of

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In early 2015 . Ford Motor (F) had a book value of equity of $24.8 bilson, 4.1 billion shares outstanding, and a market price of $16.12 per share. Ford also had cash of $22.1 billion, and total debt of $117.6 billion. Three years later, in early 2018 , Ford had a book value of equity of $35.9 barion, 10.9 billion shares. outstanding with a market price of $11.62 per share, cash of $26.5 billion, and total debt of $156.4 billion. Over this period, what was the change in Ford's a. market capitalization? b. market-to-book ratio? c. enterpnise value? a. Over the 3-year period, what was the change in Ford's market capitalization? The change in Ford's market capitalization was \$ bilion. (Round to two decimal places.)

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