The PEG ratio divides the stock's current price by the growth rate of earnings over the preceding 12 months

Indicate whether the statement is true or false.


Answer: FALSE

Business

You might also like to view...

What are steps taken in the receiving department under a basic technology expenditure cycle?

Business

Relationship-related currencies have more to do with strengthening the relationship with someone than directly accomplishing the project tasks.

Answer the following statement true (T) or false (F)

Business

Which of the following is an illustration of the classification issue?

a. At what amount should an old machine be shown on the balance sheet? b. At what point should the purchase of art supplies be recorded? c. Should tools be recorded as an asset or as an expense? d. At what point should a bill be paid for the purchase of an item?

Business

Average rate of return equals estimated average annual income divided by average investment

Indicate whether the statement is true or false

Business