In September 2002 the price-earnings ratio of Gene- ral Motors was 14, and the price-earnings ratio of
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In September 2002 the price-earnings ratio of Gene- ral Motors was 14, and the price-earnings ratio of Microsoft was 33. Which company did the stock market favor? Explain.
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Financial Accounting Tools For Business Decision Making
ISBN: 9780471691952
3rd Edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
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