True or false

In the framework of relative valuation, if two companies have the same P/E ratios then both firms will generally have different EV/EBITDA ratios.

All else being equal, a company with a large EV/Capital ratio will tend to have a large return on capital (ROC).

In the context of relative firm valuation, a company whose cash holdings are equal to $0 will have an enterprise value (EV) greater than zero. (Assume total assets are positive.)

A firm's EV/EBIT(1-T) ratio will always be greater than the same firm's EV/EBIT ratio. (Assume a positive tax rate T.)

In the context of relative valuation, it makes sense to use the equation PE = 13 + ( 2 g ) to adjust a company's PE ratio for differences in growth (g). (Assuming statistical significance.)