Explain profit to earnings ratio – more commonly referred to as P/E.? What does this term mean
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Question:
Explain profit to earnings ratio – more commonly referred to as P/E.?
What does this term mean to a potential lender (like a bank) and to a potential investor in a company’s stock?
Related Book For
Financial Accounting A User Perspective
ISBN: 978-0470676608
6th Canadian Edition
Authors: Robert E Hoskin, Maureen R Fizzell, Donald C Cherry
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