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 2015? b. Is the company's market-tobook ratio meaningful? Is its book debt equity ratio meaningful? Explain c. Find the company's other financial statements from that time online What was the cause of the change to its book value of equity at the end of 2015? d. Does the company's book value of equity in 2016 imply that it is unprofitable? Explain a. What change in the book value of the company's equity took place at the end of 2015 The book value of equity by billion from the end of the previous year, and was (Select from the drop-down menus and round to three decimal places) 3/31/2016 12/31/2015 9/30/2015 6/30/2015 300 255 362 385 342 43 437 53 293 401 374 60 1,128 128 979 744 777 3,756 1,130 1,047 97 991 Balance Sheet: Assets Current Assets Cash and cash equivalents Net receivables Inventory Other current assets Total Current Assets Long-term investments Property, plant and equipment Goodwill Other assets Total Assets Liabilities Current Liabilities Accounts payable Short/current long-term debt Other current liabilities Total Current Liabilities Long-term debt Other liabilities Total Liabilities Total Shareholder's Equity Total Liabilities and Shareholder's Equity 232 460 306 45 1,043 200 1,052 742 797 3,834 46 995 736 915 3.715 3,776 7.467 922 173 980 288 1,286 2,381 435 4,102 - 346 3,756 1,469 2.124 574 4,167 -452 3,715 1.095 474 559 2,128 1,648 1,268 475 551 2.294 1.540 3,834 3,776 Print Done 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 2015? b. Is the company's market-tobook ratio meaningful? Is its book debt equity ratio meaningful? Explain c. Find the company's other financial statements from that time online What was the cause of the change to its book value of equity at the end of 2015? d. Does the company's book value of equity in 2016 imply that it is unprofitable? Explain a. What change in the book value of the company's equity took place at the end of 2015 The book value of equity by billion from the end of the previous year, and was (Select from the drop-down menus and round to three decimal places) 3/31/2016 12/31/2015 9/30/2015 6/30/2015 300 255 362 385 342 43 437 53 293 401 374 60 1,128 128 979 744 777 3,756 1,130 1,047 97 991 Balance Sheet: Assets Current Assets Cash and cash equivalents Net receivables Inventory Other current assets Total Current Assets Long-term investments Property, plant and equipment Goodwill Other assets Total Assets Liabilities Current Liabilities Accounts payable Short/current long-term debt Other current liabilities Total Current Liabilities Long-term debt Other liabilities Total Liabilities Total Shareholder's Equity Total Liabilities and Shareholder's Equity 232 460 306 45 1,043 200 1,052 742 797 3,834 46 995 736 915 3.715 3,776 7.467 922 173 980 288 1,286 2,381 435 4,102 - 346 3,756 1,469 2.124 574 4,167 -452 3,715 1.095 474 559 2,128 1,648 1,268 475 551 2.294 1.540 3,834 3,776 Print Done