Nike has earnings (per share) of $1.26 and trades for $71. Adidas AG has a P/E ratio of 26.5. Given this information, wh

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answerhappygod
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Nike has earnings (per share) of $1.26 and trades for $71. Adidas AG has a P/E ratio of 26.5. Given this information, wh

Post by answerhappygod »

Nike has earnings (per share) of $1.26 and trades for $71.
Adidas AG has a P/E ratio of 26.5. Given this information, which
statement is correct?
Select one:
a. Adidas’ shares are cheaper than Nike’s
shares.
b. Nike’s shares are the same value as
Adidas’ shares.
c. Nike’s shares are cheaper than
Adidas’ shares.
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