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i need to confirm if my answer is correct First Sun Coffee has a price earnings ratio of 14 , while Second Moon Coffee has
i need to confirm if my answer is correct
First Sun Coffee has a price earnings ratio of 14 , while Second Moon Coffee has a price-earnings ratio of 16. You know with certainty that First Sun stock: Earns a lower profit per share than does one share of Second Moon stock. Represents a smaller percentage of firm ownership than does one share of Second Moon. Sells at a higher price per share than one share of Second Moon. Has a lower market price per dollar of earnings than one share of Second Moon. Has a lower price than one share of stock in Second Moon Step by Step Solution
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