单选题 An analyst does research about enterprise value and gathers the following information about a company:
Cash and short-term investments $25million
Market value of outstanding debt $120million
Common shares outstanding 40million
Current price of common shares $28
Tax rate 35%
The company's enterprise value is closest to:
A. $975 million.
B. $1173 million.
C. $1215 million.

【正确答案】 C
【答案解析】[解析] EV=market value of common and preferred stocks+market value of debt-cash and shortterm investments,代入数据得:
EV=$28×40 million+$120 million-$25 million=$1215 million。