Find what was enbridge book debt-equity ratio

Assignment Help Financial Accounting
Reference no: EM132806706

Problem 1: In 2019, Enbridge had a book value of equity of $32 billion, 3.4 billion shares? outstanding, and a market price of $31 per share. Enbridge also had cash of $112 billion, and total debt of $199 billion. What was Enbridge's book debt-equity ratio?

Reference no: EM132806706

Questions Cloud

What is the cost of the handbags transferred out : Number of tote bundles completed 3,400. What is the cost of the handbags transferred out of the sewing department for the month of May
What are the relevant facts in the given situation : You work in the public relations department of a major hospital. The hospital is planning an open house for a new children's center that will include field.
What is the size of yearly payments for jerry : What is the size of yearly payments for Jerry? Jerry wants to save up $16000 so he can buy a new truck in 8 years. He wants to make yearly payments
Internal control specification of reliable financial : Outline two internal controls that support the internal control specification of reliable financial information.
Find what was enbridge book debt-equity ratio : In 2019, Enbridge had a book value of equity of $32 billion, 3.4 billion shares? outstanding, What was Enbridge's book debt-equity ratio?
What are the pros and cons of producing each show : You are a Broadway producer and are trying to select your next show to back. You have two strong choices: the stage version of a popular animated film.
How much is credited to deferred income upon the receipt : The present value of 1 at 10% is .75 for three periods. How much is credited to deferred income upon the receipt of the grant
Explain the key features of organisational administrative : Explain the key features of organisational administrative systems and practices you would consider when dealing with this situation.
Find the estimated cost of inventory burned : Gross profit method, Compute the estimated cost of inventory burned, and give entries as of December 31, 2021 to close merchandise accounts

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd