Question 3.)Compute the ratios of long-term debt-to-book equity and long-term debt-to-market value equity in the...
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Accounting
Question 3.)Compute the ratios of long-term debt-to-book equity and long-term debt-to-market value equity in the Excel file. The ratios need to be traced to the data you collected in question 2). Recall to convert the data to a common unit (e.g., billions or millions) before computing the ratios. Use two decimals for the ratios. 3 pts
(please provide equations if possible)
3.)
Book value
Long-term debt/total common equity
2016
2017
2018
2019
2020
2021
GOOGL
Market value
Long-term debt/total common equity
2016
2017
2018
2019
2020
2021
GOOGL
(from questions 2 below)
Long-term debt (million)
2016
2017
2018
2019
2020
2021
GOOGL
$ 3,935
$ 3,969
$ 4,012
$ 4,554
$ 13,932
$ 14,817
Total market cap (billion)
2016
2017
2018
2019
2020
2021
GOOGL
$ 539.06
$ 729.45
$ 723.45
$ 921.13
$ 1,190.00
$ 1,920.00
(not sure if you need the balance sheet or not)
(Income Statement)
Thank you in advance.
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(Income Statement)
