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a. A company with high growth opportunities ordinarily has a high PE ratio. b. A PE ratio has more meaning when the firm has losses than when it has profits. c.A PE ratio has more meaning when a firm has abnormally low profits in relation to its asset base. d. A PE ratio expresses the relationship between a firm's market price and its net sales.
Option 'a'.
Answer "A" is correct
Option A is correct
Option A is the right answer.