Unfortunately, the term enterprise value is used, at best, very ambiguously and, at worst, very carelessly. It means different things to different people, each of whom many believe that his or her definition is the right definition. It is generally used to represent some sort of ________of the company and is often used as a synonym for_______.
- A: Average value, Market value
- B: Aggregate value, Market value of invested capital (MVIC)
- C: Partial interest, Aggregate value
- D: Specific ownership interest subject to appraisal, Equity or invested capital