Question #46
Reading: Reading 22 Market-Based Valuation - Price and Enterprise Value Multiples
PDF File: Reading 22 Market-Based Valuation - Price and Enterprise Value Multiples.pdf
Page: 16
Status: Correct
Correct Answer: A
Question
The goal of normalizing earnings is to adjust for:
Answer Choices:
A. cyclical elements
B. seasonal elements
C. non-cash charges
Explanation
The goal of normalizing earnings is to adjust for cyclical elements.