Why might a firm trade at a price-to-book ratio p-b

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Question: 1. Why might a firm trade at a price-to-book ratio (P/B) greater than 1.0?

2. Explain the difference between net income and net income available to common. Which definition of income is used in earnings-per-share calculations?

3. Give some examples in which there is poor matching of revenues and expenses.

Reference no: EM131486880

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