Question: Some balance sheet information is shown here all values in millions of dollars) a. What change in the book value of the company's equily took
Some balance sheet information is shown here all values in millions of dollars) a. What change in the book value of the company's equily took place at the end of 2018? b. Is the company's market-to-book ratio meaningful? Is its book debl-equity ratio meaningful? Explain, a. What change in the book value of the company's equity took place at the end of 2018? The book value of equity by $2 billion from the end of the previous year, and was decimal places (Select from the drop-down menus and round to three Data table 3/31/2019 12/31/2018 9/30/2018 6/30/2018 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 255 385 437 53 1,130 Check answer 293 401 374 60 1.128 128 979 744 777 3.756 300 362 342 43 1,047 97 991 740 833 3,716 232 460 306 45 1,043 200 1,052 742 797 3,834 995 736 912 3.773 RU
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