Consider the following data from two companies in very different industries. Adobe Systems is a software company.
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1. Compute the market-to-book ratio, the price-earnings ratio (P-E), and the rate of return on common stockholders€™ equity for both Adobe Systems and Empire District. Use ending stockholders€™ equity rather than average stockholders€™ equity for computing return on equity.
2. Explain what might cause the differences in these ratios between the twocompanies.
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1 Average number of shares Adobe 833000000 167 EPS 498802395 Average number of shares Empire 5500000...View the full answer
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HARSH KUMAR SHUKLA
Since my early childhood days, I have been teaching my siblings, cousins and friends in neighbours and school. I have always been appreciated for my teaching pattern and this helped me to aspire for a teaching career. Later on, during my Bachelors in Technology, I was a part of a student driven society – Teach for Technocrats – wherein I used to take classes for my peers as well as my juniors on basics of Engineering and also on a few topics from Civil Engineering.
Currently, I am Pursuing my Masters in Technology from the Indian Institute of Technology. Here I have got the opportunity to assist my mentors cum professors in their teaching pedagogy as well as taking guest lectures for the students pursuing B-Tech. I look forward to pursuing a career in teaching while simultaneously doing my Ph.D. in Civil Engineering.
I love to take real life examples while explaining concepts. I also use simple English so that it is easier for students to understand. Making use of a lot of diagrams and flowchart has been the highlights of my pedagogy.
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Related Book For 
Introduction to Financial Accounting
ISBN: 978-0133251036
11th edition
Authors: Charles Horngren, Gary Sundem, John Elliott, Donna Philbrick
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