Question

Zodiac Information Products (ZIP) has a book value of equity of $113 billion, 10.6 billion shares...

Zodiac Information Products (ZIP) has a book value of equity of $113 billion, 10.6 billion shares outstanding, and a market price of $36 per share. ZIP also has cash of $13 billion, and total debt of $370 billion. a. Find the market capitalization and market-to-book ratio. b. Find the debt-equity ratio using the book value of equity. c. Find the debt-equity ratio using the market value of equity.

Business   Finance   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
In December 2015​, General Electric​ (GE) had a book value of equity of $ 98.5 ​billion,...
In December 2015​, General Electric​ (GE) had a book value of equity of $ 98.5 ​billion, 9.6 billion shares​ outstanding, and a market price of $ 29.36 per share. GE also had cash of $ 103.6 ​billion, and total debt of $ 196.3 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?
In December 2015​, General Electric​ (GE) had a book value of equity of $ 98.7 ​billion,...
In December 2015​, General Electric​ (GE) had a book value of equity of $ 98.7 ​billion, 9.2billion shares​ outstanding, and a market price of $ 28.47per share. GE also had cash of $ 102.7​billion, and total debt of $ 196.4billion. 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?
6. In December 2015 2015​, General Electric​ (GE) had a book value of equity of $98.4...
6. In December 2015 2015​, General Electric​ (GE) had a book value of equity of $98.4 ​billion, 9.4 billion shares​ outstanding, and a market price of $31.32 per share. GE also had cash of $101.1 ​billion, and total debt of $199.4 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?
Book Co. has 1.2 million shares of common equity with a par​ (book) value of $...
Book Co. has 1.2 million shares of common equity with a par​ (book) value of $ 1.05​, retained earnings of $ 28.3 ​million, and its shares have a market value of $ 48.83 per share. It also has debt with a par value of $ 18.7 million that is trading at 101 % of par. a. What is the market value of its​ equity? b. What is the market value of its​ debt? c. What weights should it use in...
Goodyear Trucking Inc. has 582 million common shares outstanding. The book value per share is $...
Goodyear Trucking Inc. has 582 million common shares outstanding. The book value per share is $ 15.35 and the current price is $65 per share. Goodyear has $ 15 billion in long- term debt which is currently selling at par value. A) What is Goodyear's book debt- to- value ratio? B) What is its market debt-to-value ratio?
Book Co has 1.6 million shares of common equity with a par (book) value of $1.20,...
Book Co has 1.6 million shares of common equity with a par (book) value of $1.20, retained earnings of $29.6 million, and its shares have a market value of $49.99 per share. It also has debt with a par value of $18.3 million that is trading at 103% of par. a. What is the market value of its equity? b. What is the market value of its debt? c. What weights should it use in computing its WACC?
Book Co. has 1.4 million shares of common equity with a par? (book) value of $...
Book Co. has 1.4 million shares of common equity with a par? (book) value of $ 1.35?, retained earnings of $ 29.9 ?million, and its shares have a market value of $ 50.41 per share. It also has debt with a par value of $ 18.3 million that is trading at 104 % of par. a. What is the market value of its? equity? The market value of the equity is ?$ million. ?(Round to two decimal? places.) b. What...
Suppose that you have following information about the company: - The company has 2 billion shares...
Suppose that you have following information about the company: - The company has 2 billion shares outstanding - The market value of its debt is € 4 billion - The free cash flow to the firm is currently € 1.2 billion - The equity beta is 0.9; the equity (market) risk premium is 7.5%; the risk-free rate is 3.5% - The before-tax cost of debt is 7% - The tax rate is 20% - The company is currently and in...
You have the following information about a company: Market to Book Ratio = 3 Debt to...
You have the following information about a company: Market to Book Ratio = 3 Debt to Equity (Book) Ratio = 2, Share Price = $60, Shares outstanding = 200 million, Cash = $800 million. Calculate the Enterprise Value of this company
Dinklage Corp. has 10.6 million shares of common stock outstanding. The current share price is $59,...
Dinklage Corp. has 10.6 million shares of common stock outstanding. The current share price is $59, and the book value per share is $6. The company also has two bond issues outstanding. The first bond issue has a face value of $81 million, has a 7 percent coupon, and sells for 92 percent of par. The second issue has a face value of $58.3 million, has a 7 percent coupon, and sells for 95.1 percent of par. The first issue...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT