Question: In early 2 0 1 8 2 0 1 8 , FordFord Motor ( F ) had a book value of equity of $ 3
In early
FordFord
MotorF had a book value of equity of
$
billion
$
billion shares outstanding, and a market price of
$
per share.
FordFord
also had cash of
$
billion and total debt of
$
billion. Four years later, in early
FordFord
had a book value of equity of
$
billion
$
billion shares outstanding with a market price of
$
per share, cash of
$
billion and total debt of
$
billion. Over this period, what was the change in
FordFords
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