Examlex
Which of the following items is not needed to prepare an inventory purchases budget for a merchandising business?
P/E
Price-to-Earnings Ratio, a valuation metric used to measure a company's current share price relative to its per-share earnings.
Closing Price
The final price at which a security is traded on a given trading day.
Net Change
The difference in value or quantity of a financial instrument or index from the previous trading day's close to the current day's close.
Zero Growth Stock
A stock from a company which is expected to see no growth in dividends or earnings, typically offering high initial dividend yields.
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