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?
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?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
In December
2018,
General Electric (GE) had a book value of equity of
$51.4
billion,
8.6
billion shares outstanding, and a market price of
$8.09
per share. GE also had cash of
$69.3
billion, and total debt of
$109.6
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?
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