While performing a comparable company analysis, you encounter two outliers in the EV/EBITDA multiple set: one company with a ratio much higher due to a recent asset sale, and another with a negative multiple resulting from a one-time impairment charge. What is the most appropriate way to reflect these outliers when calculating the central tendency for valuation purposes?

1. AAlways use the mean of all multiples, as it balances outliers.
2. BExclude the negative multiple and average the rest.
3. CInclude all multiples but assign less weight to the outliers.
4. DExclude both the high and negative outlier and use the median of the remaining set.✓ Correct answer

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