$|$pter $2$ Homework FIN$310-13$

Question $12,$ P $2-37($similar to$)$

HW Score: $85\mathrm{.}83\%,10\mathrm{.}3$ of $12$ points

Part $1$ of $2$

$($x$)$ Points: $0$ of $1$

Some balance sheet information is shown here: $|($all values in millions of dollars$).$

a$.$ What change in the book value of the company's equity took place at the end of $2021?$

b$.$ Is the company's market$-$to$-$book ratio meaningful? Is its book debt$-$equity ratio meaningful? Explain.