CI7.9. IBM reported a 3 percent increase in income for its first quarter of 2000, beating analysts'

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CI7.9. IBM reported a 3 percent increase in income for its first quarter of 2000, beating analysts' estimates. But it also reported a decline in revenue. Its stock price dropped in response to the report.

What explanations would yougive forthe dropin stockpriceon an earnings increase?

What is your prediction for the change in IBM's asset turnover over the quarter?

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Financial Statement Analysis And Security Valuation

ISBN: 9780071267809

4th International Edition

Authors: Penman-Stephen-H, Steven Penman

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Question Posted: Jul 23, 2024 08:00 AM

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CI7.9. IBM reported a 3 percent increase in income for its first quarter of 2000, beating analysts'

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Financial Statement Analysis And Security Valuation

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