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P4-33 (similar to) EQueston Help (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 imes that of Dell's, Apple is the more valuabie company? Interpret the prices for these two fs using the information found here I appears that Apple enjoys a price per share when compared to its 2007 eamings but a price when compared to the book value of the fim's equity The market to book ratio for Apple refects that fact that Apple has used a great deal dob) to nance ts operations equity (and (Select from the drop down menus) Anple is the more valuable company? Intemret the prices for these two firms using the information found here Data Table he Apple 2007 Dell 2007 (Most recent 12 months) $3,572 $3,130 Net Income (S millions) Shares outstanding (millions) Earnings per share (5) 2,300 869.16 $1.55 $3.60 Price per share (8/1/07) Price-to-earnings ratio (PE ratio) Book value of common equity ($ millions) $27.76 $133.64 17.91 37.11 $4,129 $9,984 Book value per share (5) $1.80 $11.49 Market-to-book ratio 15.42 11.63 Print Done er. re: 0 of 5 pts 12 of 12 (5 com 33 (similar to halyzing market values using financial ratios) On August 1, 2007 the Dell Computer Corporation's stock closed trad cause Apple's stock price is roughly four times that of Dell's, Apple is the more valuable company? Interpret the prices f appears that Apple enjoys Tr price per share when compared to its 2007 earnings but a a price when com at Apple has used a great de (and debt) to finance its operations. (Select from the drop-down me higher lower (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 $13 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 fims using the information found here: E It appears that Apple enjoys a price per share when compared to its 2007 earnings but a price when compared to the book value of the firm's equity. The market to-be that Apple has used a great deal equity (and debt) to finance its operations (Select from the drop-down menus.) more less