The theory underlying asset-based valuation models can be best described as: A Value of a business' equity is equal to the present value of its future cash flows. Value of a business' equity is equal to the present value of future dividends. B Value of a business' equity is equal to the sum of the value of the business's assets minus the business's liabilities and preferred C shares Value of a business' equity is equal to the value of the business's assets D Value of a business' equity is equal to the value of similar businesses E