NO.PZ201512300100001303
问题如下：
3. Ebinosa can best value Thunder using the:
选项：
A.excess earnings approach.
B.asset-based approach.
C.discounted free cash flow approach.
解释：
C is correct.
The excess earnings method would rarely be applied to value the equity of a company particularly when it is not needed to value intangibles. The asset-based approach is less appropriate because it is infrequently used to estimate the business enterprise value of operating companies. By contrast, the free cash flow method is broadly applicable and readily applied in this case.
ABA不是应该适用于固定资产较多的公司吗，这里很明显的说，warehouse还有很多的固定资产，那不是应该用ABA更好吗？
