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The price/earnings ratio _________. A. represents the market price of one share of common stock B. is used by investors to measure the liquidity of
The price/earnings ratio _________.
A.
represents the market price of one share of common stock
B.
is used by investors to measure the liquidity of their portfolio
C.
of 8.5 implies that the company's earnings per share is 8.5 times the market price of one share of its common stock
D.
is most useful when comparing one company to another
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