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= Test: Midterm Question 8 of 30 This test: 30 point(s) possible This question: 1 point(s) possible Submit test In early 2015, Ford Motor
= Test: Midterm Question 8 of 30 This test: 30 point(s) possible This question: 1 point(s) possible Submit test In early 2015, Ford Motor (F) had a book value of equity of $24.8 billion, 4.2 billion shares outstanding, and a market price of $16.27 per share. Ford also had cash of $21.2 billion, and total debt of $118.6 billion. Three years later, in early 2018, Ford had a book value of equity of $34.2 billion, 10.7 billion shares outstanding with a market price of $11.12 per share, cash of $26.6 billion, and total debt of $154.2 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.) NOV 3 tv A 280 2 W X P Next L
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