In early

20152015,

Ford Motor (F) had a book value of equity of

$ 24.8$24.8

billion,

4.04.0

billion shares outstanding, and a market price of

$ 16.00$16.00

per share. Ford also had cash of

$ 21.7$21.7

billion, and total debt of

$ 119.2$119.2

billion. Three years later, in early

20182018,

Ford had a book value of equity of

$ 35.0$35.0

billion,

10.010.0

billion shares outstanding with a market price of

$ 11.00$11.00

per share, cash of

$ 26.5$26.5

billion, and total debt of

$ 154.3$154.3

billion. Over this period, what was the change in Ford's

a. market capitalization?

b. market-to-book ratio?

c. enterprise value?