Business, 27.09.2019 00:30 ivethzurita0425

N2015, caterpillar inc. had about 730 million shares outstanding. their book value was $30.0 per share, and the market price was $87.00 per share. the company’s balance sheet shows that the company had $30.50 billion of long-term debt, which was currently selling near par value. a. what was caterpillar’s book debt-to-value ratio? (do not round intermediate calculations. enter your answer as a decimal rounded to 2 decimal places.)

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N2015, caterpillar inc. had about 730 million shares outstanding. their book value was $30.0 per sha...

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