IN: The Exit or Terminal Multiple Approach assumes a business will be sold at the end of the projection period. Valuation analytics are determined for various operating statistics using comparable acquisitions. A frequently used terminal multiple is Enterprise Value/EBITDA or EV/EBITDA. The analysis of comparable acquisitions will indicate an appropriate range of multiples to use. The multiple is then applied to the projected EBITDA in Year N, which is the final year in the projection period. This provides a future value at the end of Year N. The terminal value is then discounted using a factor equal to the number of years in the projection period. If N is the 5th and final year in this period, then the Terminal Value is divided by (1+k). The Present Value of the Terminal Value is then added to the PV of the free cash flows in the projection period to arrive at an implied Enterprise Value. Note that if publicly traded comparable company multiples must be used, the resulting implied enterprise value will not reflect a control premium. Depending on the purposes of the valuation, this may not provide an appropriate reference range.
is terminal value the same as enterprise value?

OUT: no

IN: Blind baking can be accomplished by different methods. In one technique, the pie crust is lined with aluminium foil or parchment paper, then filled with pastry- or pie weights (sometimes called ''baking beans'') to ensure the crust retains its shape while baking. Pie-weights are available as ceramic or metal beads, but rice, dried peas, lentils, beans or other pulses can be used instead. When using this method for a fully baked crust, the weights are removed before the pre-baking is complete in order to achieve a browned crust. Another technique dispenses with weights by placing a second pie tin on top of the crust, then inverting the tins to bake. In this method, the crust browns between the tins. A further simplified technique involves piercing the crust repeatedly with the tines of a fork to produce small holes, allowing steam to escape and preventing the crust from bubbling up, but that does not work with soft doughs such as pate sucree.
can you use tin foil to blind bake?

OUT: yes

IN: Clary learns that Valentine Morgenstern, the main antagonist of the series, is her biological father and her mother's ex-husband. At the end of City of Bones, Valentine tells them that Clary and Jace are siblings -- which, they discover later in the series, is a lie. In the second book of the series, City of Ashes, Clary dates her best friend Simon, who has for a long time had a crush on her, in order to forget Jace during the torturous time of believing him to be her brother. She is told by the Seelie Queen that she has the ability to create runes that don't exist; but they do exist, which later enables her to destroy Valentine's ship using the ''Open'' rune. In the end of the second novel, Clary finds that an old friend of her mother, Madeleine, knows how to wake her mother, who has been in a magical coma since the first book.
is clary and jace brother and sister shadowhunters?

OUT: no

IN: The UK political system is a multi-party system. Since the 1920s, the two largest political participation have been the Conservative Party and the Labour Party. Before the Labour Party rose in British politics, the Liberal Party was the other major political party along with the Conservatives. While coalition and minority governments have been an occasional feature of parliamentary politics, the first-past-the-post electoral system used for general elections tends to maintain the dominance of these two parties, though each has in the past century relied upon a third party such as the Liberal Democrats to deliver a working majority in Parliament. A Conservative-Liberal Democrat coalition government held office from 2010 until 2015, the first coalition since 1945. The coalition ended following Parliamentary elections on 7 May 2015, in which the Conservative Party won an outright majority of 330 seats in the House of Commons, while their coalition partners lost all but eight seats.
does the uk have a two party system?

OUT:
no