Inflation can distort, Inflation can distort. The _______

Inflation can distort

Assignment Help Financial Management

Reference no: EM131566192

1. The ________ ratios are primarily measures of return.

A. liquidity

B. activity

C. debt

D. profitability

Inflation can distort

2. A. inventory costs.

B. cost of goods sold.

C. interest write-offs.

D. salaries and wages.

3. Jimmy Corp's stock price at the end of last year was $31.15 and its earnings per share for the year were $2.45. What was its P/E ratio?

A. 11.65

B. 12.00

C. 12.35

D. 12.71

E. 13.05

Reference no: EM131566192

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