True or False

-The Planning period consist of two Business Cycles.

-To maximize value firms should pursue all opportunities that add dollars of economic profit.

-The revenue estimate is the most critical estimate in a valuation because revenue levels drive most items on the income statement and balance sheet.

-We would generally expect value estimates of precedent transactions of public companies to be less than that of comparable companies because of acquisition discounts.

-The present value of a non-operating provision such as a restructuring charge should be deducted from the value of operations.

-The terminal value should be estimated by both an Exit Multiple Method and the Perpetuity Growth Method with each method acting as a sanity check on the other.