Stock Investing For Dummies

Introduction to Financial Statement Analysis

In terms of stock price, Microsoft’s per-share stock price (adjusted for stock splits) has gone from $0.10 in 1986 to almost $26 in April of 2003 (see Exhibit 1). But as the graph illustrates, Microsoft’s stock price is down from its historic high of over $58 per share in 1999. An analysis of Microsoft’s financial statements reveals some

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