True or False

- The Compound Annual Growth Rate should be adjusted for inflation.

- Common-sizing of an Income Statement involves taking every accounting variable presented on the Income Statement as a percentage of Total Assets.

- The foundation for Market Comparables is built on the premise that similar companies provide a highly relevant reference point for valuing a given target firm due to the fact that they share key business and financial characteristics, performance drivers, and risks.

- Since no two companies are exactly the same, assigning a valuation based on the market characteristics of similar companies may fail to accurately capture a given companys true value.

- To benchmark the comparable companies, you lay out the calculated spread to find the target firms relative ranking and closest comparable companies.