According to the Second Quarter 10-Q report filed by Microsoft on January 20, 2009:
There were 8,890,562,873 shares outstanding. The price of stock is currently $15.79 on March 2, 2009 at 4:48pm.
The Enterprise Value for the company is therefore: 140,381,987,764.67
The comparative % is currently -2.23%
According to the 10-Q report filed by Apple on January 23, 2009:
There were 888,325,973 shares outstanding. The price of Apple stock is currently $87.94 on March 2, 2009 at 4:49pm.
The Enterprise Value for the company is therefore: 78,119,386,065.62
The comparative % is currently: -1.53%
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1 comment:
"The comparative % is currently -2.23%". Compared to what? Please re-read the assignment, you did not get the correct answer.
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