NO.PZ2022061307000086
问题如下：
Question Which of the following multiples is most useful when comparing companies with significant differences in capital structure?选项：
A.EV/EBITDA B.Price-to-book ratio C.Price-to-cash flow ratio解释：
SolutionA is correct. The EV/EBITDA (enterprise value/earnings before interest, taxes, depreciation, and amortization) approach is most useful when comparing companies with significant differences in capital structure. EBITDA is computed prior to payment to any of the company’s financial stakeholders and is not affected by the amount of debt leverage.
B is incorrect. The EV/EBITDA approach is most useful when comparing companies with significant differences in capital structure.
C is incorrect. The EV/EBITDA approach is most useful when comparing companies with significant differences in capital structure.
BC的解释逻辑就是因为A正确，所以BC错误🙂 而没有就BC本身解释BC各错在什么地方，麻烦解释一下。
