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In March 2017, Amazon and Clorox reported nearly identical earnings per share, but the stock price of Amazon was more than six times higher than
In March 2017, Amazon and Clorox reported nearly identical earnings per share, but the stock price of Amazon was more than six times higher than the Clorox stock price. The most likely explanation for that difference is that ________.
Question content area bottom
Part 1
A.
Clorox is bad for the environment
B.
Amazon has more shares of stock outstanding
C.
Amazon is a riskier company
D.
investors see better
longterm
prospects for Amazon
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