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With its shares trading at $89 in September 2003, the market capitalization of IBM's common equity was $153.97 billion. IBM listed $14 billion of debt
With its shares trading at $89 in September 2003, the market capitalization of IBM's common equity was $153.97 billion. IBM listed $14 billion of debt on its most recent balance sheet. How many common shares were outstanding? b. What value was the market placing on IBM's enterprise value (the value of the firm)? c. IBM listed 199 million shares in treasury stock on its balance sheet. How many issues shares were there
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