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Questions and Answers
What does EBITDA represent?
What does EBITDA represent?
- A measure of gross profit
- A measure of net income
- A measure of gross operating cash flow (correct)
- A measure of total revenue
Which type of entity typically has limited liability to the amount of capital conferred?
Which type of entity typically has limited liability to the amount of capital conferred?
- Sole proprietorships
- Partnerships
- Limited liability companies
- Corporations (correct)
In which type of entity does a firm's life terminate with the death of major founder(s)?
In which type of entity does a firm's life terminate with the death of major founder(s)?
- Sole proprietorship
- Limited liability company (LLC)
- Corporation
- Proprietorship and limited partnership (correct)
What types of cash flows can the Net Present Value (NPV) be computed for?
What types of cash flows can the Net Present Value (NPV) be computed for?
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