Are the statements about the following valuation metrics true or false Statement 1: As compared to the price-to-earnings ratio, the price-to-cash flow ratio is easier to manipulate because management can easily control the timing of the cash flows. Statement 2: One of the benefits of earnings per share as a valuation metric is that it facilitates the comparison of firms of different sizes. Statement 1 Statement 2（）①A. False True ②B. True False ③C. False False
A. ①
B. ②
C. ③
