existing

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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EBITDA multiples are often used to estimate the enterprise value of

a. businesses with stable growth and an established record of positive earnings with insignificant noncash expenditures.
b. young firms and startups that do not have an established history of earnings.

c. businesses with significant revenues and expenses denominated in foreign currencies.
d.      stable, mature business where most of the value comes from the firm's existing assets.
e.        none of the above.

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