In March 2017, Amazon and Clorox reported nearly identical earnings per share, but the stock price of Amazon was more than six times higher than the Clorox stock price. The most likely explanation for that difference is that O Amazon has more shares of stock outstanding O Amazon is a riskier company O investors see better long-term prospects for Amazon O Clorox is bad for the environment

In March 2017, Amazon and Clorox reported nearly identical earnings per share, but the stock price of Amazon was more than six times higher than the Clorox stock price. The most likely explanation for that difference is that O Amazon has more shares of stock outstanding O Amazon is a riskier company O investors see better long-term prospects for Amazon O Clorox is bad for the environment

EBK CONTEMPORARY FINANCIAL MANAGEMENT

14th Edition

ISBN:9781337514835

Author:MOYER

Publisher:MOYER

Chapter15: Dividend Policy

Section: Chapter Questions

Problem 12QTD

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