Question
QUESTION 14 Which of the following changes will NOT result in an increase in the magnitude of a firms trailing price-earnings (P/E) ratio? 1. An
QUESTION 14
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Which of the following changes will NOT result in an increase in the magnitude of a firms trailing price-earnings (P/E) ratio?
1. An increase in the anticipated growth rate for the firms future earnings
2. The firms decision to adopt a more conservative accounting policy
3. An decrease in the firms earnings as the result of an unusual loss
4. An increase in the firms financial leverage (FLEV)
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Smith and Roberson Business Law
Authors: Richard A. Mann, Barry S. Roberts
15th Edition
1285141903, 1285141903, 9781285141909, 978-0538473637
