Question 15 5 pts Which one of the following statements is true concerning the price-earnings (PE) ratio? The PE ratio is classified as a profitability ratio. A high PE ratio may indicate that a firm is expected to grow significantly PE ratios are unaffected by the accounting methods employed by a firm. The PE ratio is a constant value for each firm. A PE ratio of 16 indicates that investors are willing to pay $1 for every $16 of current earnings