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What is meant by the quality of a companys earnings? Explain why the price/earnings ratio for a company may indicate the quality of earnings.

Chapter 13, Questions #22
What is meant by the “quality” of a company’s earnings? Explain why the price/earnings ratio for a company may indicate the quality of earnings.

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Using Financial Accounting Information The Alternative to Debits and Credits

Using Financial Accounting Information The Alternative to Debits and Credits

7th Edition

Authors: Gary A. Porter, Curtis L. Norton

ISBN: 978-1133161646

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