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 28.14. Which company did the stock market favor? Explain.

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Financial Accounting Tools for business decision making

ISBN: 978-0470534779

6th Edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso

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Question Posted: Sep 21, 2011 01:56 PM

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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

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Financial Accounting Tools for business decision making

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