10. Martyne Inc.'s market capitalization is already around Php67,000, when they had reported their revenue at Php32,500, which is 50% of the operating expenses. Out of the operating expenses the...

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Extracted text: 10. Martyne Inc.'s market capitalization is already around Php67,000, when they had reported their revenue at Php32,500, which is 50% of the operating expenses. Out of the operating expenses the company's cost to depreciate its assets is Php500. The market capitalization is the basis for the market value per share when divided into the company's 170 VALUATION CONCEPTS AND METHODOLOGIES outstanding shares of 1,000. Based on the foregoing, Martyne's EBITDA multiple is about а. 4.25 b. 4.12 С. 4.00 d 2.00 d