"Which of the following is true in using EBIT, EBITA, or EBITDA when estimating a firm s value?"
Question 15 options:
EBIT is superior to both EBITA and EBITDA.
EBITA is superior to both EBIT and EBITDA.
EBITDA is superior to both EBIT and EBITA.
There is not a clear superiority of one measure over the others. It depends on the type of firm being analyzed.