Under what conditions are the results from using the direct method of allocation the same as those from using the other two methods? Why?

Entrepreneurial Finance
6th Edition
ISBN:9781337635653
Author:Leach
Publisher:Leach
Chapter11: Venture Capital Valuation Methods
Section11.3: Earnings Multipliers And Discounted Dividends
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Under what conditions are the results from using the direct method of allocation the same as those from using the other two methods? Why? 

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