In December 2015, General Electric (GE) had a book value of equity of $98.7 billion, 9.1 billion shares outstanding, and a market price of $33 62 per share GE also had cash of $103.3 billion, and total debt of $2011 billion. a. What was GE's market capitalization? What was GE's market-to-book ratio? b. What was GE's book debt-equity ratio? What was GE's market debt-equity ratio? c. What was GE's enterprise value? *** a. What was GE's market capitalization? GE's market capitalization was $ billion. (Round to one decimal place.) What was GE's market-to-book ratio? GE's market-to-book ratio was b. What was GE's book debt-equity GE's book debt-equity ratio was What was GE's market debt-equity ratio? GE's market debt-equity ratio was (Round to two decimal places) ratio? (Round to two decimal places) (Round to two decimal places)
In December 2015, General Electric (GE) had a book value of equity of $98.7 billion, 9.1 billion shares outstanding, and a market price of $33 62 per share GE also had cash of $103.3 billion, and total debt of $2011 billion. a. What was GE's market capitalization? What was GE's market-to-book ratio? b. What was GE's book debt-equity ratio? What was GE's market debt-equity ratio? c. What was GE's enterprise value? *** a. What was GE's market capitalization? GE's market capitalization was $ billion. (Round to one decimal place.) What was GE's market-to-book ratio? GE's market-to-book ratio was b. What was GE's book debt-equity GE's book debt-equity ratio was What was GE's market debt-equity ratio? GE's market debt-equity ratio was (Round to two decimal places) ratio? (Round to two decimal places) (Round to two decimal places)
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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Financial Ratios
A Ratio refers to a figure calculated as a reference to the relationship of two or more numbers and can be expressed as a fraction, proportion, percentage, or the number of times. When the number is determined by taking two accounting numbers derived from the financial statements, it is termed as the accounting ratio.
Return on Equity
The Return on Equity (RoE) is a measure of the profitability of a business concerning the funds by its stockholders/shareholders. ROE is a metric used generally to determine how well the company utilizes its funds provided by the equity shareholders.
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Transcribed Image Text:In December 2015, General Electric (GE) had a book value of equity of $98.7 billion, 9.1 billion shares outstanding,
and a market price of $33.62 per share. GE also had cash of $103.3 billion, and total debt of $2011 billion.
a. What was GE's market capitalization? What was GE's market-to-book ratio?
b. What was GE's book debt-equity ratio? What was GE's market debt-equity ratio?
c. What was GE's enterprise value?
a. What was GE's market capitalization?
GE's market capitalization was $billion. (Round to one decimal place.)
What was GE's market-to-book ratio?
GE's market-to-book ratio was (Round to two decimal places)
b. What was GE's book debt-equity ratio?
GE's book debt-equity ratio was
What was GE's market debt-equity ratio?
GE's market debt-equity ratio was
(Round to two decimal places.)
(Round to two decimal places)
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