Many sites on the Internet allow the retrieval of current stock price information. Among those sites are

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Many sites on the Internet allow the retrieval of current stock price information. Among those sites are Marketwatch (cbs.marketwatch.com) and Quicken (www.quicken.com).

Required:
1. Access any site on the Internet that permits you to get a current stock quote. Determine the current price of Microsoft Corporation's common stock (MSFT) and that of Intel Corporation (INTC).
2. Access EDGAR on the Internet at www.sec.gov. Search for Microsoft and access its most recent 10-K filing. Search or scroll to find the income statement and related note(s). Determine the most recent earnings per share. Repeat this step for Intel.
3. Calculate the price-earnings ratio for each company.
4. Compare the PE ratios of Microsoft and Intel. What information might be gleaned from your comparison?

Common Stock
Common stock is an equity component that represents the worth of stock owned by the shareholders of the company. The common stock represents the par value of the shares outstanding at a balance sheet date. Public companies can trade their stocks on...
Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...
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Related Book For  book-img-for-question

Intermediate Accounting

ISBN: 9781259722660

9th Edition

Authors: J. David Spiceland, James Sepe, Mark Nelson, Wayne Thomas

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