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    Financial Managerial Accounting Study Set 1
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    Exam 12: Income and Changes in Retained Earnings
  5. Question
    The Price Earnings Ratio Is Based on Expected Future Earnings
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The Price Earnings Ratio Is Based on Expected Future Earnings

Question 32

Question 32

True/False

The price earnings ratio is based on expected future earnings, while the earnings per share ratio is based on historical earnings.

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