Which of the following statements regarding the calculation of the enterprise value multiple is most likely correct?

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Which of the following statements regarding the calculation of the enterprise value multiple is most likely correct?

A. Operating income may be used instead of EBITDA.

B. EBITDA may not be used if company earnings are negative.

C. Book value of debt may be used instead of market value of debt.

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Investments Principles Of Portfolio And Equity Analysis

ISBN: 9780470915806

1st Edition

Authors: Michael McMillan, Jerald E. Pinto, Wendy L. Pirie, Gerhard Van De Venter, Lawrence E. Kochard

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