The Accounting in the News story on page 821 describes how Warren Buffet screens potential investments for

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The Accounting in the News story on page 821 describes how Warren Buffet screens potential investments for his company, Berkshire Hathaway. Explain what each of the ratios mentioned in the article would tell Berkshire Hathaway about the companies being considered as potential investments. Are there any other ratios that Berkshire Hathaway could use to determine the same information about these companies? Explain your choices.
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Financial Accounting A User Perspective

ISBN: 978-0470676608

6th Canadian Edition

Authors: Robert E Hoskin, Maureen R Fizzell, Donald C Cherry

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