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xiaoyu000 xiaoyu000
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9 months ago

Which of the following statements is true?

  1. A high price-earnings ratio means that investors are willing to pay a premium for the company’s stock.
  2. An increase in the number of shares of common stock outstanding will increase a company's price-earnings ratio if the market price per share remains unchanged.


▸ Only statement I is true.

▸ Only statement II is true.

▸ Both statements are true.

▸ Neither statement is true.
Textbook 
Introduction to Managerial Accounting: Brewer Edition: 9e

Introduction to Managerial Accounting: Brewer Edition: 9e


Edition: 9th
Authors:
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rick32rick32
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9 months ago
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xiaoyu000 Author
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9 months ago
Just got PERFECT on my quiz
Transonic
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Yesterday
Thanks
jaray75
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2 hours ago
Smart ... Thanks!
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