I need help with this question asap can u please help me in

I need help with this question asap, can u please help me in solving this question.

In December 2015, General Electric (GE) had a book value of equity of $97.6 billion, 9.1 billion shares outstanding, and a market price of $32.55 per share. GE also had cash of $102.5 billion, and total debt of $201.5 bilion. 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? a. What was GE\'s market capitalization? GE\'s market capitalization was s bilion. (Round to one decimal place.)

Solution

Answer a.

Market Capitalization = Number of shares outstanding * Market price per share
Market Capitalization = 9.1 billion * $32.55
Market Capitalization = $296.2 billion

Market-to-book Ratio = Market Capitalization / Book value of equity
Market-to-book Ratio = $296.2 billion / $97.6 billion
Market-to-book Ratio = 3.03

Answer b.

Book debt-equity ratio = Total Debt / Book value of equity
Book debt-equity ratio = $201.5 billion / $97.6 billion
Book debt-equity ratio = 2.06

Market debt-equity ratio = Total debt / Market capitalization
Market debt-equity ratio = $201.5 billion / $296.2 billion
Market debt-equity ratio = 0.68

Answer c.

Enterprises Value = Market capitalization + Total debt - Cash
Enterprises Value = $296.2 billion + $201.5 billion - $102.5 billion
Enterprises Value = $395.2 billion