True and false1 financial statements of a large corporation, Ask an Expert

Finance

True and False

1. Financial statements of a large corporation prepared using US GAAP and IFRS may have some difference but the P/E ratio will be same under GAAP and IFRS.

2. Financial Analysis of a company should be conducted within its global industry rather than other company listed on its home stock market.

3. Yield to maturity (YTM) is an average promised yield over the life of the bond.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91528998

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