Question 24 The single most important variable to predict in the dividends-and-earnings approach is O a. the applicable beta. O b. the future dividend amounts. O c. the appropriate P/E multiple. O d. the rate of growth. Question 25 The P/E ratio is a function of all the following EXCEPT a. the company's beta. b. the level of dividends. c. the growth rate in corporate earnings. d. the amount of debt in the company's capital structure