1-3 higher or lower 4-5 more or less are the options in the drop box

(Analyzing market values using financial ratios) On August 1, 2007 the Dell Computer Corporation's stock closed trading at $27.76 per share while Apple Corporation's shares closed at $133.64. Does this mean that because Apple's stock price is roughly four times that of Dell's, Apple is the more valuable company? Interpret the prices for these two firms using the information found here: BE: market-to-book ratio for Apple reflects that fact that It appears that Apple enjoys a Apple has used a great deal price per share when compared to its 2007 earnings but a price when compared to the book value of the firm's equity. The equity (and debt) to finance its operations. (Select from the drop-down menus.) Data Table Dell 2007 $3,572 2,300 $1.55 (Most recent 12 months) Net Income ($ millions) Shares outstanding (millions) Earnings per share ($) Price per share (8/1/07) Price-to-earnings ratio (PE ratio) Book value of common equity (5 millions) Book value per share ($) Market-to-book ratio $27.76 17.91 $4,129 Apple 2007 $3,130 869.16 $3.60 $133.64 37.11 $9,984 $11.49 11.63 $1.80 15.42 Click to select your answers) and then click Check Answer. (Analyzing market values using financial ratios) On August 1, 2007 the Dell Computer Corporation's stock closed trading at $27.76 per share while Apple Corporation's shares closed at $133.64. Does this mean that because Apple's stock price is roughly four times that of Dell's, Apple is the more valuable company? Interpret the prices for these two firms using the information found here: BE: market-to-book ratio for Apple reflects that fact that It appears that Apple enjoys a Apple has used a great deal price per share when compared to its 2007 earnings but a price when compared to the book value of the firm's equity. The equity (and debt) to finance its operations. (Select from the drop-down menus.) Data Table Dell 2007 $3,572 2,300 $1.55 (Most recent 12 months) Net Income ($ millions) Shares outstanding (millions) Earnings per share ($) Price per share (8/1/07) Price-to-earnings ratio (PE ratio) Book value of common equity (5 millions) Book value per share ($) Market-to-book ratio $27.76 17.91 $4,129 Apple 2007 $3,130 869.16 $3.60 $133.64 37.11 $9,984 $11.49 11.63 $1.80 15.42 Click to select your answers) and then click Check