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Which of the following statements is NOT true?Multiple ChoiceThe Price - Earnings Ratio measures whether a particular stock Is a good value for the priceReturn

Which of the following statements is NOT true?Multiple ChoiceThe Price

-

Earnings Ratio measures whether a particular stock Is a good value for the priceReturn on Common Shareholder's equity is basically the ROI

(

Return on Investment

)

for the owners of the companyWorking Capital over

1

is acceptableThe Acid

-

test ratio will never be higher than the current ratio

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