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What does the industry comparison suggest about Company A? A) Company A's investors are not willing to pay as much per dollar of earnings as
What does the industry comparison suggest about Company A? A) Company A's investors are not willing to pay as much per dollar of earnings as they are for shares in other firms in the industry. B) Company A's investors consider the firm's prospects to be worse than average. C) Company A is selling for more than its accounting book value. D) All of the above Why are retained earnings important? A) They represent cash available to be distributed to shareholders. B) They represent amounts that were reinvested in a company on behalf of its owners. C) They represent income the owners received in the form of dividends. D) They give investors and idea of how profitable a company is because they represent earnings that were not paid out in the last time period
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