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Business, 03.12.2019 20:31 kingjaheem4109

Here is a simplified balance sheet for caterpillar tractor: caterpillar tractor balance sheet ($ in millions) current assets $ 42,529 current liabilities $ 29,750 long-term assets 46,842 long-term debt 27,757 other liabilities 14,327 equity 17,537 total $ 89,371 total $ 89,371 caterpillar has 662 million shares outstanding with a market price of $88 a share. a. calculate the company’s market value added. (enter your answers in millions.) market value $ 63168 million market value added $ 45623 million b. calculate the market-to-book ratio. (round your answer to 2 decimal places.) market-to-book ratio 3.60

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Here is a simplified balance sheet for caterpillar tractor: caterpillar tractor balance sheet ($ in...
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