Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Part C please In early 2015 , Ford Motor (F) had a book value of equity of $25.3 billion, 3.8 billion shares outstanding, and a
Part C please
In early 2015 , Ford Motor (F) had a book value of equity of $25.3 billion, 3.8 billion shares outstanding, and a market price of $15.75 per share. Ford also had cash of $21.7 billion, and total debt of $119.2 billion. Three years later, in early 2018 , Ford had a book value of equity of $35.6 billion, 10.1 billion shares outstanding with a market price of $10.84 per share, cash of $26.3 billion, and total debt of $158.2 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 $ billion. (Round to two decimal places.) b. Over the 3-year period, what was the change in Ford's market-to-book ratio? The change in Ford's market-to-book ratio was (Round to two decimal places.) c. Over the 3-year period, what was the change in Ford's enterprise value? The change in Ford's enterprise value was $ billion. (Round to two decimal places.)Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started