Moving to the next question prevents changes to this answer. Question 7 of 16 Question 7 6 points Save Antwer In estimating and comparing value, the price-to-earnings (P/E) multiple has two major flaws. Which of the following are those flaws? I. It is in squared currency units. II. The P/E is affected by a company's capital structure. III. The earnings (net income) are calculated after nonoperating items. IV. The market measure of price usually has significant error. III and IV only. I and II only land Ill only. ll and Ill only. Question 7 of 16 A Moving to the next question prevents changes to this answer. Close Window Moving to the next question prevents changes to this answer. Question 7 of 16 Question 7 6 points Save Antwer In estimating and comparing value, the price-to-earnings (P/E) multiple has two major flaws. Which of the following are those flaws? I. It is in squared currency units. II. The P/E is affected by a company's capital structure. III. The earnings (net income) are calculated after nonoperating items. IV. The market measure of price usually has significant error. III and IV only. I and II only land Ill only. ll and Ill only. Question 7 of 16 A Moving to the next question prevents changes to this answer. Close Window