Here is a simplified balance sheet for Caterpillar Tractor: Caterpillar has 657 million shares outstanding with a

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Here is a simplified balance sheet for Caterpillar Tractor:
Here is a simplified balance sheet for Caterpillar Tractor:
Caterpillar has

Caterpillar has 657 million shares outstanding with a market price of $83 a share.
a. Calculate the company's market value added.
b. Calculate the market-to-book ratio.
c. Has the company created value for shareholders?

Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...
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Related Book For  book-img-for-question

Fundamentals of Corporate Finance

ISBN: 978-0077861629

8th edition

Authors: Richard Brealey, Stewart Myers, Alan Marcus

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