For most occupations the law forbids an employer from forcing you ...

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For most occupations the law forbids an employer from forcing you into retirement
 
  A)
 
  before age 60.
  B)
 
  before age 65.
  C)
 
  before age 70.
  D)
 
  at any age.

Question 2

Active Athletics Inc. has an EBIT of 400,000, 150,000 in depreciation, 500,000 in outstanding debt, a forward-looking EV/EBITDA multiple of 6.0, and an estimated cost of capital of 14. Use the EV/EBITDA approach to value the firm.
 
  A) 2,800,000
  B) 2,400,000
  C) 1,700,000
  D) 1,500,000

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Answer to Question 1

D

Answer to Question 2

A
Explanation: A) EV = Multiple  EBITDA, then, Ve = EV - Vd
= 6  550,000 - 500,000 = 2,800,000.