Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Basic Finance Expert

In April2013, General Electric(GE) had a book value of equity of $ 123.0$123.0billion,10.310.3billion shares outstanding, and a market price of $ 23.00$23.00per share. GE also had cash of $ 90.0$90.0billion, and total debt of $ 397.0$397.0billion.

a. What was GE's market capitalization? What wasGE's market-to-bookratio?

b. What was GE's book debt-equity ratio? What wasGE's marketdebt-equity ratio?

c. What was GE's enterprise value?

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M91978370
  • Price:- $15

Priced at Now at $15, Verified Solution

Have any Question?


Related Questions in Basic Finance

What effect would a change in the debt to equity ratio have

What effect would a change in the debt to equity ratio have on the weighted average cost of capital and the cost of equity capital of the firm?

Joshua borrowed 1200 for one year and paid 60 in interest

Joshua borrowed $1,200 for one year and paid $60 in interest. The bank charged him a service charge of $9. If Joshua repaid the loan in 12 equal monthly payments, what is the APR? (Enter your answer as a percent rounded ...

Question - a us importer has arranged to purchase goods

Question - A US importer has arranged to purchase goods costing 157,895 Yuan from a Chinese exporter, and will sell those goods for a guaranteed price of $1,325,000. The goods will be delivered immediately, but the impor ...

1 brandon has partial amnesia and forgot how much he

1.) Brandon has partial amnesia and forgot how much he borrowed. He does remember that he borrowed the money 21 months ago and that the interest rate was 5% per annum. The last letter from the bank simply stated he owed ...

Rhyan has owned and operated antilles spice a specialty

Rhyan has owned and operated Antilles Spice, a specialty restaurant in Boca Raton, for the past three years. Business has been good and he wants to expand into Fort Lauderdale and Miami. He develops a new detailed busine ...

What are some best practice principles to remember for

What are some best practice principles to remember for estimating a corporate cost of capital?

If you deposit 12583 dollars in an account today and the

If you deposit 125.83 dollars in an account today, and the account balance is 319.28 dollars 6 years from now, what annual interest rate did you receive on your funds? (Assume annual compounding and enter your response a ...

Miletus bronze works has an outstanding bond that pays 964

Miletus Bronze Works has an outstanding bond that pays 9.64 percent interest. You are in the 37 percent tax bracket. What is your aftertax yield (in percents) on this bond?

Assignment question -your group will perform a financial

Assignment Question - Your group will perform a financial analysis of the assigned company. Every group will work on the allocated company Company - The company must be ANZ - Australia and New Zealand Banking Group Limit ...

You have a chance to buy an annuity that pays 1400 at the

You have a chance to buy an annuity that pays $1,400 at the beginning of each year for 3 years. You could earn 5.5% on your money in other investments with equal risk. What is the most you should pay for the annuity?

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As