Some balance sheet information is shown here E (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-to-book 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 V by $ billion from the end of the previous year, and was (Select from the drop-down menus and round to three decimal places.) Sheet: 3/31/2016 12/31/2015 9/30/2015 6/30/2015 300 362 342 Assets h and cash equivalents receivables ntory er current assets Irrent Assets m investments \, plant, and equipment 255 385 437 53 43 1,047 1,130 293 401 374 60 1,128 128 979 744 777 3,756 232 460 306 45 1,043 200 1,052 742 797 3,834 97 991 748 822 3,705 995 736 904 3,765 ssets sets 1,467 876 410 922 173 980 288 2 es Liabilities punts payable rt/current long-term debt er current liabilities Irrent Liabilities m debt ibilities abilities areholder's Equity abilities and Shareholder's Equity 1,286 2,381 435 1,469 2,124 574 4,167 - 462 1,095 474 559 2,128 1,637 3,765 1,268 475 551 2,294 1,540 3,834 4,102 - 346 3,756 3,705 Some balance sheet information is shown here E (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-to-book 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 V by $ billion from the end of the previous year, and was (Select from the drop-down menus and round to three decimal places.) Sheet: 3/31/2016 12/31/2015 9/30/2015 6/30/2015 300 362 342 Assets h and cash equivalents receivables ntory er current assets Irrent Assets m investments \, plant, and equipment 255 385 437 53 43 1,047 1,130 293 401 374 60 1,128 128 979 744 777 3,756 232 460 306 45 1,043 200 1,052 742 797 3,834 97 991 748 822 3,705 995 736 904 3,765 ssets sets 1,467 876 410 922 173 980 288 2 es Liabilities punts payable rt/current long-term debt er current liabilities Irrent Liabilities m debt ibilities abilities areholder's Equity abilities and Shareholder's Equity 1,286 2,381 435 1,469 2,124 574 4,167 - 462 1,095 474 559 2,128 1,637 3,765 1,268 475 551 2,294 1,540 3,834 4,102 - 346 3,756 3,705