Explain why some firms have high price-earnings ratios give
1. Why might a firm trade at a price-to-book ratio greater than 1.0?
2. Explain why some firms have high price-earnings ratios?
3. Give examples in which there is poor matching of revenues and expenses.
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1 why might a firm trade at a price-to-book ratio greater than 102 explain why some firms have high price-earnings
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