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One advantage of the Price/Cash-flow ratio over the Price/Earnings ratio is: cash flow is more difficult to manipulate than earnings cash-flows are more volatile than
One advantage of the Price/Cash-flow ratio over the Price/Earnings ratio is: cash flow is more difficult to manipulate than earnings cash-flows are more volatile than earnings the Price/Cash-flow ratio is easier to calculate the Price/Cash-flow ratio is more widely used than the Price/Earnings ratio
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Financial Accounting
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
9th Edition
1118334329, 978-1118334324
