1) The termination multiple is: a) The number when multiplied times the last year's cash flow gives the value of the company at the end of the projection period. b) The number when multiplied time the last year's net income gives the value of the company at the end of the projection period. c) The number when multiplied times the last year's revenues gives the value of the company at the end of the projection period. d) The number when multiplied times the last year's total assets shows how much the company can be sold for at the end of the projection period. e) None of the above 2) The cash value of a company is normally equal to the amount of its shareholders' equity. a) True b) False