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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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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