Which of the following pairs of earnings measures estimate a firm's enterprise value and equity value when

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Which of the following pairs of earnings measures estimate a firm's enterprise value and equity value when ap- plying a price multiple to the measure?

a. EBITDA (enterprise value); net income (equity value).

b. EBITDA (equity value); net income (enterprise value).

c. EBITDA (enterprise value); EBIT (equity value).

d. EBITDA (equity value); EBIT (enterprise value).

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Essentials Of Forensic Accounting

ISBN: 12

2nd Edition

Authors: Michael A Crain, William S Hopwood

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