1) A commonly used multiple when valuing M&A transactions:

a) P/EBIT

b) P/EBIT

c) EV/EBITDA

d) Total Debt/Interest Expense

2) Which of the following would be a ligitimate stated reason for an acquisition ?

a) The acquisition on monopoly.

b) The acquisition of critical mass.

c) Hubris.

d) Empire building.