In 2020, Caterpillar Incorporated had about 540 million shares outstanding. Their book value was $41.4...
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In Caterpillar Incorporated had about million shares outstanding. Their book value was $ per share, and the market price was $ per share. The companys balance sheet shows that the company had $ billion of longterm debt, which was currently selling near par value.
What was Caterpillars book debttovalue ratio?
Note: Do not round intermediate calculations. Enter your answer as a decimal rounded to decimal places.
What was its market debttovalue ratio?
Note: Do not round intermediate calculations. Enter your answer as a decimal rounded to decimal places.
Which measure should you use to calculate the companys cost of capital?
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