Question
In early 2015, Ford Motor (F) had a book value of equity of $ 24.8 billion, 4.0 billion shares outstanding, and a market price of
In early 2015, Ford Motor (F) had a book value of equity of $ 24.8 billion, 4.0 billion shares outstanding, and a market price of $ 16.00 per share. Ford also had cash of $ 21.7 billion, and total debt of $ 119.2 billion. Three years later, in early 2018, Ford had a book value of equity of $ 35.0 billion, 4.0 billion shares outstanding with a market price of $ 11.00 per share, cash of $ 26.5 billion, and total debt of $ 154.3 billion. Over this period, what was the change in Ford?s a. market capitalization? b. market-to-book ratio? c. enterprise value? a. Over the 3-year period, what was the change in GE's market capitalization? The change in GE's market capitalization was $ 46.0 billion. (Round to two decimal places.) b. Over the 3-year period, what was the change in GE's market-to-book ratio? The change in GE's market-to-book ratio was 0.56. (Round to two decimal places.) c. Over the 3-year period, what was the change in GE's enterprise value? The change in GE's enterprise value was $ 76.3 billion. what is the solution?
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