Mace companys earnings were approximately the same in 2013


Mace Company's earnings were approximately the same in 2013 and 2014. Even so, the company's P/E ratio dropped significantly. 

Required: 

Speculate about why Mace's P/E ratio dropped significantly while its earnings remained constant.

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Accounting Basics: Mace companys earnings were approximately the same in 2013
Reference No:- TGS01215772

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