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Consider the following stocks: Berkshire Hathaway Inc. (BRK-A) and Apple Inc. (AAPL). Based on the given data, which of the following statements is true, from
Consider the following stocks: Berkshire Hathaway Inc. (BRK-A) and Apple Inc. (AAPL). Based on the given data, which of the following statements is true, from the point of view of a potential investor? BRK-A is cheaper than AAPL, due to a higher P/E ratio. AAPL is cheaper than BRK-A, due to the lower price per share. Nothing can be said about relative cheapness as the price per share and P/E ratio are in conflict. AAPL is cheaper than BRK-A, due to a lower P/E ratio. BRK-A is cheaper than AAPL due to a lower P/ E ratio
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