In 2013 caterpillar inc had about 648 million shares, Ask an Expert

Finance

In 2013 Caterpillar Inc. had about 648 million shares outstanding. Their book value was $27 per share, and the market price was $83.50 per share. The company’s balance sheet shows that the company had $25.7 billion of long-term debt, which was currently selling near par value.

a. What was Caterpillar’s book debt-to-value ratio? (Enter your answer as a decimal rounded to 2 decimal places. Do not round intermediate calculations.)

Book value

b. What was its market debt-to-value ratio? (Enter your answer as a decimal rounded to 2 decimal places. Do not round intermediate calculations.)

Market value

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91600831

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