Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

In early 2018, Ford Motor (F) had a book value of equity of $24.5 billion 3.0 billion shares outstanding and a market price of $16.01

image text in transcribed
In early 2018, Ford Motor (F) had a book value of equity of $24.5 billion 3.0 billion shares outstanding and a market price of $16.01 per share. Ford also had cash of $22.2 billion, and total debt of 1202 billion. Three years later, in early 2018, Ford had a book value of equiry of 34.7 bilion, 10.5 bilion shares outstanding with a market price of $10.71 per share, cash of $26.3 bilion, and total debt of $154.2 billion. Over this period, what was the change in Fords amareloaptation? market to book ratio c. enterprise value? Over the 3-year period, what was the change in Fonds market captization? The change in Fonds market capitalston w $blon (Round to two decimal poo) Over the year period what was the change in Forsmarkt-to-booksto? The change in fonds market to book room. Round to two decimal poo) 6. Over the year period, what was the change in Ford's enterprise value? The change in Fort's enterprise value w $ion (Round to two decimal places

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Public Finance

Authors: John E. Anderson

2nd edition

978-0538478441, 538478446, 978-1133708360, 1133708366, 978-1111526986

More Books

Students also viewed these Finance questions

Question

What determines supply?

Answered: 1 week ago