Here is a simplified balance sheet for caterpillar tractor: caterpillar tractor balance sheet ($ in millions) current assets $ 42,529 current liabilities $ 29,750 long-term assets 46,842 long-term debt 27,757 other liabilities 14,327 equity 17,537 total $ 89,371 total $ 89,371 caterpillar has 662 million shares outstanding with a market price of $88 a share. a. calculate the company’s market value added. (enter your answers in millions.) market value $ 63168 million market value added $ 45623 million b. calculate the market-to-book ratio. (round your answer to 2 decimal places.) market-to-book ratio 3.60

Sailcloth & more currently produces boat sails and is considering expanding its operations to include awnings for homes and travel trailers. the company owns land beside its current manufacturing facility that could be used for the expansion. the company bought this land 5 years ago at a cost of $319,000. at the time of purchase, the company paid $24,000 to level out the land so it would be suitable for future use. today, the land is valued at $295,000. the company has some unused equipment that it currently owns valued at $38,000. this equipment could be used for producing awnings if $12,000 is spent for equipment modifications. other equipment costing $490,000 will also be required. what is the amount of the initial cash flow for this expansion project?

How are credit unions similar to banks

"consists of larger societal forces that affect how a company engages and serves its customers."