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In early 2015, Ford Motor (F) had a book value of equity of $24.5 billion, 3.8 billion shares outstanding, and a market price of $16.49
In early 2015, Ford Motor (F) had a book value of equity of $24.5 billion, 3.8 billion shares outstanding, and a market price of $16.49 per share. Ford also had cash of $21.7 billion, and total debt of $119.7 billion. Three years later, in early 2018, Ford had a book value of equity of $35.2 billion, 10.1 billion shares outstanding with a market price of $11.41 per share, cash of $26.2 billion, and total debt of $157.8 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 5 billion. (Round to two decimal places.)
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