Chat with us, powered by LiveChat For fiscal year 2006, Apple Computer, Inc., report - BonPapers

For fiscal year 2006, Apple Computer, Inc., report

For fiscal year 2006, Apple Computer, Inc., reported net sales of $19,315 million, net income of $1,989 million, and no significant discontinued operations, extraordinary items, or accounting changes. Earnings per share was $2.36. At a capitalization rate of 6%, how much should 1 share of Apple stock be worth? Compare your estimated stock price to Apple’s actual stock price as quoted in The Wall Street Journal, in your newspaper, or on the Internet. Based on your estimated market value, should you buy, hold, or sell Apple stock? View Solution: For fiscal year 2006 Apple Computer Inc reported net sales

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