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Which of the following is most likely correct? The P/E ratio is used as a supplemental tool of the P/B ratio. The P/E ratio, by

Which of the following is most likely correct?

The P/E ratio is used as a supplemental tool of the P/B ratio.

The P/E ratio, by its nature, is a period of time that the firm would have sustainable returns from investing activities.

The P/E ratio is one of the ratios that is the target of being manipulated.

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