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Which of the ollowing statements regarding the price/earnings ratio is incorrect? O A. A price/earnings ratio of 9.2 implies that the company's stock is selling

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Which of the ollowing statements regarding the price/earnings ratio is incorrect? O A. A price/earnings ratio of 9.2 implies that the company's stock is selling at 9.2 times one year's earnings per share. O B. A higher price/earnings ratio signifies a higher return on investment. C. The price/earnings ratio represents the market price of one share of common stock. D. The price/earnings ratio is most useful when comparing one company to another. O

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