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Question 16 (2 points) Saved The price /earnings ratio indicates 1) the price will always increase 2) Industry averages are generally bad indicators for management

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Question 16 (2 points) Saved The price /earnings ratio indicates 1) the price will always increase 2) Industry averages are generally bad indicators for management to use as benchmarks 3) an estimate of future earnings 4) the price the market places on $1 of the firms earnings

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