(Continued from Q 1) In 2004, IBM's financials reported financial debt of $22,927. What was its financial-debt-to-capital ratio, in book value and market value?
Q 1
In 2004, IBM's financials reported total assets of $111,003 and total liabilities of $79,315. Its market value of equity was $155,459. What was its liabilities-to-assets ratio, in book and market value?