单选题 Most of the differences among companies with respect to quality of earnings are addressed when companies are compared using: A. price to earnings ratios. B. price to cash flow ratios. C. both price to earnings ratios and price to cash flow ratios.
【正确答案】 B
【答案解析】[分析] 相对于企业盈余而言,上市公司管理者很难对现金流金额进行操纵。与市盈率相比,价格一现金流比率的数值更为稳定。因此,在使用市盈率时,分析者往往无法区分上市公司账面盈余的质量,而运用价格一现金流比率进行分析则可以避免上述问题。 [考点] 运用价格一现金流比率优势和缺点