紫同学2018-04-13 22:36:01

29. Which of the following statements regarding the calculation of the enterprise value multiple is most likely correct? A. Operating income may be used instead of EBITDA. B. EBITDA may not be used if company earnings are negative. C. Book value of debt may be used instead of market value of debt. A is correct. Operating income may be used in place of EBITDA when calculating the enterprise value multiple. EBITDA may be used when company earnings are negative because EBITDA is usually positive. The book value of debt cannot be used in place of market value of debt. 老师，问一下，这道课后题答案说：The book value of debt cannot be used in place of market value of debt. 也就是说MVd不能用BVd来代替，然而，纪老师和***老师讲课时，都说可以的，而且金程课件也写了可以用BVd来代替。到底是能不能被BVd来代替啊？