At year-end, the price-earnings ratio of General Motors was 11.3, and the price-earnings ratio of Microsoft was
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At year-end, the price-earnings ratio of General Motors was 11.3, and the price-earnings ratio of Microsoft was LO15 28.14. Which company did the stock market favor?
Explain.
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Related Book For
Financial Accounting
ISBN: 9781118953907
8th Edition
Authors: Paul D Kimmel, Jerry J Weygandt, Donald E Kieso
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