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  3. the price/earnings ratio: select one: a. measures

The price/earnings ratio: Select one: a. measures the past earning ability of the firm b....

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Question

Accounting

The price/earnings ratio:
Select one:
a. measures the past earning ability of the firm
b. is a gauge of future earning power as seen by investors
c. relates price to dividends
d. relates price to total net income

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