Question: Please help me answer question 15 (a) to 15 (c). Thank you Question 15 In December 2018, General Electric (GE) had a book value of
Please help me answer question 15 (a) to 15 (c). Thank you
Question 15

In December 2018, General Electric (GE) had a book value of equity of $52.7 billion, 8.6 billion shares outstanding, and a market price of $7.94 per share. GE also had cash of $69.2 billion, and total debt of $110.4 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? a. What was GE's market capitalization? GE's market capitalization was $ billion. (Round to one decimal place.)
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