when a firm has a sharp drop off in earnings, its P/E ratio may be artificially high.

QUESTION 13 When a firm has a sharp drop off in earnings, its P/E ratio may be artificially high. O True O False QUESTION 7 Which of the following would represent a positive source of funds and, indirectly, an increa O A reduction in accounts receivable se in cash balances? The repurchase of shares of the firm's stock O A decrease in net income O A reduction in notes payable