In early 2015, Ford Motor (F) had a book value of equity of $24.4 billion, 4.2 billion shares outstanding, and a market price of $16.07 per share. Ford also had cash of $22.2 billion, and total debt of $117.7 billion. Three years later, in early 2018, Ford had a book value of equity of $34.5 billion, 10.2 billion shares outstanding with a market price of $11.36 per share, cash of $26.2 billion, and total debt of $157.1 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 Ford's market capitalization?

The change in Ford's market capitalization was $

enter your response here __________

billion. (Round to two decimal places.)

b. Over the 3-year period, what was the change in Ford's market-to-book ratio?

Part 4

The change in Ford's market-to-book ratio was

enter your response here ___________

. (Round to two decimal places.)

Part 5

c. Over the 3-year period, what was the change in Ford's enterprise value?

Part 6

The change in Ford's enterprise value was $

enter your response here ____________

billion. (Round to two decimal places.)