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In March 2005, General Electric (GE) had a book value of equity of 113 billion, 10.6 billion shares outstanding, and a market price of $36 per share....

In March 2005, General Electric (GE) 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 capitilization?, b. Market-to-book ratio?, c. Book debt-equity ratio?, d. Market debt-equity ratio?, e. enterpirse value?

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