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shvetsov2005
Joined: 30 Nov 2005
Posts: 115
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 Posted: Thu Jul 20, 2006 12:34 am Post subject: Nestle |
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"Zeroing in on the "equity" part of the equation, Morgenthau points out that Nestle's book value per share has grown at an 11% clip over the past five years."
Can you explain that?
What's "zeroing in on the" and "Nestle's book value per share"?
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Jintii
Joined: 18 Feb 2006
Posts: 111
Location: New York City
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| Posted: Thu Jul 20, 2006 6:59 am Post subject: |
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To zero in on something means to target it, or to focus on it.
Book value is the company's assets minus their liabilities. Share refers to shares of stock in Nestle.
The book value per share is the book value divided by outstanding shares.
I hope that helps.  |
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