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Please answer the following questions: Thank you in advance. Ques 1: What value can the price-sales ratio provide to financial managers that the price-earnings ratio

Please answer the following questions: Thank you in advance.

Ques 1: What value can the price-sales ratio provide to financial managers that the price-earnings ratio cannot?

Ques 2: It is commonly recommended that the managers of a firm compare the performance of their firm to that of its peers. Increasingly, this is becoming a more difficult task. Explain some of the reasons why comparisons of this type can frequently be either difficult to perform or produce misleading results.

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