Question
Which of the following is NOT correct? A.Enterprise value + net debt = equity value. B.Rather than treating cash as an operating asset, it is
Which of the following is NOT correct?
A.Enterprise value + net debt = equity value.
B.Rather than treating cash as an operating asset, it is netted against debt to get net debt.
C.Operating assets are usually all assets except for cash and investment assets.
D.Operating liabilities are usually all liabilities except for debt and debt-like liabilities.
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Accounting Chapters 14-26
Authors: Carl Warren
27th Edition
1337272116, 978-1337272117
