Consider the following denominators suggested as part of a comparables analysis: (a) Number of unique visitors to a Web site (b) Number of patents held by the company (c) Number of demo software programs downloaded per month For each of these four denominators, choose the numerator that is most appropriate for doing comparables analysis.

Group of answer choices

Enterprise Value for (a) and (b) only, and Market capitalization for (c)

Enterprise Value for all

Market capitalization for all

Enterprise Value for (a) and (c) only, and Market capitalization for (b)