- Compares the value of common stock relative to sales volume
- Generally favorable: lower result
- Measure of: valuation
- Useful for evaluating newer companies with sales, but no earnings to date
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Learn financial accounting using beautifully illustrated flashcards, coordinated lessons, and rich audio. Whether you are an aspiring CPA or IFRS expert, use this accountancy app to reach your goals. Even an aspiring chartered accountant or those reaching for the CPA Australia can benefit. Topics of accounting standards, equation, terms, ratios, and more are covered.
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