How is excess cash treated in the equity value calculation when going from total enterprise value to

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How is excess cash treated in the equity value calculation when going from total enterprise value to equity value?

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Entrepreneurial Finance

ISBN: 978-1305968356

6th edition

Authors: J. Chris Leach, Ronald W. Melicher

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Posted Date: Feb 27, 2024 12:27 AM

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How is excess cash treated in the equity value calculation when going from total enterprise value to

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Excess cash is subtracted from the total enterprise value TEV to calculate equity value Ex... View the full answer

Entrepreneurial Finance

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