Question

In December 2015​, General Electric​ (GE) had a book value of equity of $ 97.7 ​billion, 9.6 billion shares​ outstanding, and a market price of $ 32.68 per share. GE also had cash of $ 101.9 ​billion, and total debt of $ 198.4 billion.a. What was​ GE's market​ capitalization? What was​ GE's market-to-book​ ratio?b. What was​ GE's book​ debt-equity ratio? What was​ GE's market​debt-equity ratio?c. What was​ GE's enterprise​ value?

Answer 1

Answer:

The answer is:

A. market capitalization = $313.73billion

B. Market-to-book ration = 3.21

C. Book debt-equity ratio = 2.03

D. Market debt-equity ratio = 0.63

E. Enterprise value = $410.23billion

Explanation:

Please find the detailed calculation from the attached file.