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2016年美国CPA练习题精选:Business 3

来源: 正保会计网校 编辑: 2016/06/27 11:36:32 字体:

  Investors are likely to view a high price earnings (P/E) ratio as an indication that:

  a. There is no logical conclusion to reach about the relationship between price and earnings

  b. Earnings have peaked and will likely fall

  c. Earnings have growth potential

  d. Earnings have peaked and will remain flat

  答案:C

  Explanation

  Choice “c” is correct. The P/E ratio measures the amount that investors are willing to pay for each dollar of earnings per share. Higher P/E ratios generally indicate that investors are anticipating more growth and are bidding up the price of the shares in advance of performance.

  Choice “d” is incorrect. High P/E ratios generally indicate investor confidence in earnings growth, not performance that has peaked.

  Choice “b” is incorrect. High P/E ratios generally indicate investor confidence in earnings growth, not that performance will fall.

  Choice “a” is incorrect. High P/E ratios give some insight into investor confidence of earnings growth.

我要纠错】 责任编辑:小莹子

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