What Might Be Included in Building a Case for "Appropriate

question 120

Essay

What might be included in building a case for "appropriate" P/E ratios in the currently high stock markets?

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Definitions:

Fees Earned

Revenue earned from providing services, as opposed to selling goods.

Income Summary

An account used in the closing process that summarizes the revenues and expenses of an accounting period.

Capital

Financial assets or the financial value of assets, such as cash and goods, working capital used in a business by a person, company, or organization.

Income Summary

An account used to summarize the revenue and expenses for a specific period, aiding in the transition to the next accounting period.