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In early 2015, Ford Motor (F) had a book value of equity of $24.7 billion, 3.8 billion shares outstanding, and a market price of $15.74
In early 2015, Ford Motor (F) had a book value of equity of $24.7 billion, 3.8 billion shares outstanding, and a market price of $15.74 per share. Ford also had cash of $21.6 billion, and total debt of $1 17.2 billion. Three years later, in early 2018, Ford had a book value of equity of $35.3 billion, 10.2 billion shares outstanding with a market price of $10.96 per share, cash of $25.1 billion, and total debt of $159.2 billion. Over this period, what was the change in Ford's a. market capitalization? b. market-to-book ratio? c. enterprise value? 3. Over the 3-year period, what was the change in Ford's market capitalization? The change in Ford's market capitalization was $5 billion. (Round to two decimal places.)
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