What was ford change in book debt-equity ratio

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Question - In early 2015, Ford Motor (F) had a book value of equity of $24.8 billion, 4.0 billion shares outstanding, and a market price of $16.00 per share. Ford also had cash of $21.7 billion, and total debt of $119.2 billion.  Three years later, in early 2018, Ford had a book value of equity of $35.0 billion, 10.0 billion shares outstanding with a market price of $11.0 per share, cash of $26.5 billion, and total debt of $154.3 billion. 

Over this period, what was the change in ford's book debt-equity ratio? Market debt-equity ratio

From 2015 until 2018, what was Ford's change in book debt-equity ratio?

Reference no: EM133100937

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