In December 2018, General Electric (GE) had a book value of equity of $52 billion, 8.7 billion
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In December 2018, General Electric (GE) had a book value of equity of $52 billion, 8.7 billion shares outstanding, and a market price of $8 per share. GE also had cash of $70 billion, and total debt of $110 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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Execute a b c Enterprise value 696 110 70 1096 billion Evaluate GE has a markettobook ...View the full answer
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Related Book For
Fundamentals Of Corporate Finance
ISBN: 9780135811603
5th Edition
Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford
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