question archive On August 1, 2007, Dell Computer Corporation’s stock closed trading at $27
On August 1, 2007, Dell Computer Corporation’s stock closed trading at $27
Subject:AccountingPrice: Bought3
On August 1, 2007, Dell Computer Corporation’s stock closed trading at $27.76 per share, whereas 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 followinginformation:
