这个题的翻译

问题如下：

Question Firms with which of the following characteristics are most likely candidates for a management buyout (MBO)?

选项：

A.Firms with low levels of cash flow

B.Firms with high dividend payout ratios

C.Firms with large amounts of undervalued assets

解释：

C is correct. Companies with large amounts of undervalued assets (which can be sold to reduce debt) that generate high levels of cash flow (which are used to make interest and principal payments on the debt) are likely candidates for MBO transactions.

B is incorrect. A high dividend payout ratio is not a preferred characteristic for MBO.

A is incorrect. Companies with low levels of cash flow are not preferred candidates for MBO.