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1) The four firms are operating in textile industry. In the table below, P/E ratios, and expected growth rates in net profits related with
1) The four firms are operating in textile industry. In the table below, P/E ratios, and expected growth rates in net profits related with the firms are given. According to the relative valuation, make your comments about A and D firms. Firms P/E A B C D 15 6.5 9.8 5.6 Growth (%) 25 8.5 11 5.4
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1 PE ratio Market price of the share Earning per share This ratio tells how earnings affect ...
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Auditing and Assurance services an integrated approach
Authors: Alvin a. arens, Randal j. elder, Mark s. Beasley
14th Edition
133081605, 132575957, 9780133081602, 978-0132575959
