The price-earnings ratio of McDonnell Douglas (air-craft builder) was 5 , and the price-earnings ratio ofMicrosoft (computer
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The price-earnings ratio of McDonnell Douglas (air-craft builder) was 5 , and the price-earnings ratio ofMicrosoft (computer software) was 43. Which com-pany did the stock market favor? Explain.
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Related Book For
Financial Accounting Tools For Business Decision Making
ISBN: 9780471169192
1st Edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
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