(Solved): Some balance sheet information is shown here \( \quad \) (all values in millions of dollars). a. W ...

Some balance sheet information is shown here \( \quad \) (all values in millions of dollars). a. What change in the book value of the company's equity took place at the end of \( 2018 ? \) 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 \( 2018 ? \) The book value of equity by \( \$ \) billion from the end of the previous year, and was (Select from the drop-down menus and round to three decimal places.) Nokela Industries purchases a \( \$ 39.2 \) million cyclo-converter. The cyclo-converter will be depreciated by \( \$ 9.8 \) million per year over four years, starting this year. Suppose Nokela's tax rate is \( 25 \% \). a. What impact will the cost of the purchase have on earnings for each of the next four years? b. What impact will the cost of the purchase have on the firm's cash flow for the next four years? a. What impact will the cost of the purchase have on earnings for each of the next four years? Earnings will by \( \$ \) million each year for four years. (Select from the drop-down menu and round to one decimal place.)