Question: In early 2 0 1 8 2 0 1 8 , FordFord Motor ( F ) had a book value of equity of $ 3

In early
20182018,
FordFord
Motor(F) had a book value of equity of
$34.834.8
billion,
$3.53.5
billion shares outstanding, and a market price of
$12.1912.19
per share.
FordFord
also had cash of
$38.938.9
billion, and total debt of
$154.7154.7
billion. Four years later, in early
20222022,
FordFord
had a book value of equity of
$48.448.4
billion,
$4.84.8
billion shares outstanding with a market price of
$20.2220.22
per share, cash of
$49.949.9
billion, and total debt of
$138.3138.3
billion. Over this period, what was the change in
FordFord's

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!