Some balance sheet information is shown here: (all values in millions of dollars). ...

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Accounting

Some balance sheet information is shown here: (all values in millions of dollars).
a. What change in the book value of the company's equity took place at the end of 2021?
b. Is the company's market-to-book ratio meaningful? Is its book debt-equity ratio meaningful? Explain.
a. What change in the book value of the company's equity took place at the end of 2021?
The book value of equity by $ billion from the end of the previous quarter, and was (Select from the drop-down menus and round to three decimal places.)
(Click on the following icon in order to copy its contents into a spreadsheet.)
\table[[Balance Sheet,31-Mar-2022,31-Dec-2021,30-Sep-2021,30-Jun-2021],[Assets],[Current Assets],[Cash and cash equivalents,293,300,255,232],[Net receivables,401,362,385,460],[Inventory,374,342,437,306],[Other current assets,60,43,53,45],[Total Current Assets,1,128,1,047,1,130,1,043],[Long-term investments,128,97,-,200],[Property, plant, and equipment,979,991,995,1,052],[Goodwill,744,748,736,742],[Other assets,777,829,920,797],[Total Assets,3,756,3,712,3,781,3,834]]
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