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An analyst could appropriately use P B in relative valuation except which of the following situations? a ) The company is composed mainly of liquid
An analyst could appropriately use in relative valuation except which of the following situations? a The company is composed mainly of liquid assets such as financial institutions. b The company's EPS is highly variable and negative. c The company is not expected to continue as a going concern. d The company's book value of equity is negative.
An analyst could appropriately use in relative valuation except which of the following situations?
a The company is composed mainly of liquid assets such as financial institutions.
b The company's EPS is highly variable and negative.
c The company is not expected to continue as a going concern.
d The company's book value of equity is negative.
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