问题如下:
1. Based on Company A’s characteristics, which of the following absolute valuation models is most appropriate for valuing that company?
选项:
A.
B.
C.
解释:
C is correct. The free cash flow to the firm model is the most appropriate of the choices because it can be used whether the company has significant marketable assets or consistently pays a cash dividend. Much of Company A’s assets are intangible and although the company has a history of paying a dividend, it has been only occasionally and in the form of a special dividend (i.e., not a consistent cash dividend).
A公司有cash分行为什么不选B?