What is enterprise value what does it omitnbsp - why might


1. What is "enterprise value"? What does it omit?

2. Why might you want to use the financial debt-to-capital ratio rather than the broader total-liabilities-to-assets ratio?

3. Is the financial-debt-to-assets ratio a good measure of firm leverage? If yes, please compute it for IBM for 2005, using information from the preceding questions. If no, please explain why.

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Corporate Finance: What is enterprise value what does it omitnbsp - why might
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