# 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?

Question 3

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 following information.

 ​ (Most recent 12​ months) Dell 2007 Apple 2007 Net Income​ (\$ millions) ​\$3,572 ​\$3,130 Shares outstanding​ (millions) ​2,300 869.16 Earnings per share​ (\$) ​\$1.55 ​\$3.60 Price per share​ (8/1/07) ​\$27.76 ​\$133.64 ​ Price-to-earnings ratio​ (PE ratio) 17.91 37.11 Book value of common equity​ (\$ millions) ​\$4,129 ​\$9,984 Book value per share​ (\$) ​\$1.80 ​\$11.49 ​ Market-to-book ratio 15.42 11.63

It appears that Apple enjoys a (Lower or higher) price per share when compared to its 2007 earnings but a (higher or lower) price when compared to the book of value of the firm’s equity.  The (higher or lower) market-to-book ratio for Apple reflects that fact that Apple has used a great deal (more or less) equity and (less or more) debt to finance its operations.  ***Which answers in the () is correct?

Question 4

What is the future value of \$480 per year for 10 years compounded annually at 10%?

Question 5

What is the present value of \$3,500 per year for 8 years discounted back to the present at 10%

## Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
\$26
The price is based on these factors:
Number of pages
Urgency
Basic features
• Free title page and bibliography
• Unlimited revisions
• Plagiarism-free guarantee
• Money-back guarantee
On-demand options
• Writer’s samples
• Part-by-part delivery
• Overnight delivery
• Copies of used sources
Paper format
• 275 words per page
• 12 pt Arial/Times New Roman
• Double line spacing
• Any citation style (APA, MLA, Chicago/Turabian, Harvard)

# Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

### Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

### Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

### Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.