NO.PZ2018103102000147
问题如下：
Neil, a junior research in an international investment bank, was assigned a task to value several companies in the real estate industry. One of the value metrics Neil planned to use is the EV/EBITDA ratio. He collected the related information as shown below.
According to the information above, what’s the company A’s EV/EBITDA multiple?
选项：
A.23.16
B.28.48
C.25.14
解释：
A is correct.
考点：考察EV/EBITDA。
解析：Enterprise value (EV)等于公司的Total company value（即，Market value of debt和Market value of common equity和Market value of preferred equity三者之和。）减去Cash以及Short term investments.
按照定义，A公司的Total company value =1750+6650+120-327-550=7643 (Million)
则其的EV/EBITDA=23.16
EV是economic value是吧，怎么理解啊？
