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- 2011-7-11
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- 2013-9-10
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The question is framed correctly, but not the explanation is a bit clumsy.
A) P/S multiples are more reliable because sales data cannot be distorted by management.
Sales data CAN be distorted by management (Enron, WorldCom,..), though less easily than Earnings.
It is MORE reliable, but not bulletproof therefore the answer Least likely advantage.
The other two answers are correctly described and are advantages. |
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发表于 2013-4-11 11:21
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