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In March 2005, General Electric had a book value o...

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Question

In March 2005, General Electric had a book value of equity of $113 billion, 10.6 billion shares outstanding, and a market price of $36 per share. GE also had cash of $13 billion and total debt of $370 billion. Four years later, in early 2009, GE had a book value of equity of $105 billion, 10.5 billion shares outstanding with a market price of $10.80 per share, cash of $48 billion, and total debt of $524 billion. Over this period, what was the change in GE?s a. Market capitalization? b. Market-to-book ratio? c. Book debt-equity ratio? d. Market debt-equity ratio? e. Enterprise value? Please show in Excel.

 

Paper#6962 | Written in 18-Jul-2015

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