Question: Which statements about P/E multiples are correct? Multiple select question. When earnings of a firm are temporarily depressed, its P/E ratio should tend to be

Which statements about P/E multiples are correct? Multiple select question. When earnings of a firm are temporarily depressed, its P/E ratio should tend to be low. Earnings in high inflation periods tend to be higher because of inflation. Earnings may be managed for profitability. Higher P/E multiples are associated with higher levels of growth

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