A rationale for the use of the price-to-sales (P/S) approach is: a. Sales are more volatile than
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A rationale for the use of the price-to-sales (P/S) approach is:
a. Sales are more volatile than earnings.
b. P/S ratios assess cost structures accurately.
c. Revenues are less subject to accounting manipulation than earnings.
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Related Book For
Fundamentals Of Investing
ISBN: 9781292153988
13th Global Edition
Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk
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