Assignment of the value of sun trust's coca-cola stock

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Assignment of The Value of Sun Trust’s Coca-Cola Stock
1- The price of Coca-Cola’s common stock was $41 on December 31, 1992. Calculate the market value of SunTrust’s Coca-Cola stock. By howmuch did the market value exceed the book value?
$41 X $24 million shares = $984,000,000.00
$984,000,000.00 - $110,000 = $983,000,000.00 - Quantity that exceed the book value
2- Suppose the bookvalue of SunTrust’s other assets approximates their market value. Calculate their total market value?
Account Name | Book Value | Market Value |
Cash | $2,298.270.00 | $2,298.270.00 |
Otherinvestment securities | $8,384,145.00 | $8,384,145.00 |
Net Loans | 22,340,931.00 | 22,340,931.00 |
Other assets | 3,625,116.00 | 3,625,116.00 |
Total | 36,648,462.00 | 36,648,462.00 |

3-The price of SunTrust’s common stock was $43 on December 31, 1992. It had 128 million shares outstanding. Calculate the total market value of its stockholder’s equity.
$43 X $128 million sharesoutstanding = $5,504,000,000.00 total value market of stockholder’s equity.
Total market value = market capitalization = market value of debt
$5,504,000,000 = $33,945,047.00 = $5,537,945,047.004- What’s the difference between the total market value and the book value of SunTrust’s stockholder’s equity? How much of this difference is due to the difference between the market value and bookvalue of its Coca-Cola stock?
Sun Trust - $5,504,000,000.00 - $2,703,525.00 = %5,501,296,475.00 (Profit = Difference of market value and book value of Sun Trust’s stockholder’s equity).
Coca-Cola -$984,000,000.00 - $110,000.00 = $983,890,000.00 (Profit earned by the Sun Trust’s Coca Cola Common Stock)

5- Calculate SunTrust’s market to book ratio
Market to book ratio=market price pershare/book value per share
$41/2,703,525/24,000,000
$41/$.11$372.73

6- Use the balance sheet to calculate the debt ratio, the debt/equity ratio, and the equity multiplier for Sun Trust.
Debt...
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