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 2018? b. Is the company's market-to-book ratio meaningful? Is its book debt-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 $ billion from the end of the previous year, and was Data table (Select from the drop-down menus and round to three decimal places) -X w an ex Balance Sheet: 3/31/2019 12/31/2018 9/30/2018 6/30/2018 Assets Current Assets Cash and cash equivalents 293 300 255 232 Net receivables 401 362 385 460 Inventory 374 342 437 306 Other current assets 60 43 53 45 Total Current Assets 1,128 1,047 1,130 1,043 Long-term investments 128 97 200 Property, plant, and equipment 979 991 995 1,052 Goodwill 744 748 736 742 Other assets 771 030 904 797 Total Assets 3,756 3,713 3,765 3,834 Liabilities Current Liabilities Accounts payable 876 1,467 922 980 Short/current long-term debt 410 2 173 288 Other current abilities Total Current Liabilities 1,286 1,469 1,095 1,260 Long-term debt 2.381 2,124 474 475 Other Babilities 435 574 559 551 Total Liabilities 4,102 4,167 2,128 2,294 Total Shareholder's Equity -346 454 1,637 1,540 Total Liabilities and Shareholder's Equity 3,756 3,713 3,765 3,834 Print Done