Enterprise Value; straight to the dome

Sup guys/gals? Hoping a few of you seasoned users could help clear up a few questions I have. Giving a small briefing on these and want to make sure I have them nailed down. Input is greatly appreciated. As far as my understanding goes, MVIC and BEV are used interchangeably, but technically speaking there is a difference.

Here's what I'm working with:

Debt/Equity +Any other long-term operating liab. (off balance sheet items) =MVIC -Non-op assets +Non-op Liab. +Non-controlling interest =BEV

My first question is:

1. When talking about an acquisition price, is this the MVIC we’re looking for? I have heard and read conflicting things on this topic.

currently reading another thread on here that states BEV is the acquisition price under all curcumstances. This is what I thought as well until someone told me differently recently.

I guess my hang up with this is the non-operating asset piece of this equation. Cash for example, would effectively reduce the acq. price by the amount, so technically speaking, removing this non-op asset (excess cash) would take the level of value to BEV. The reason I assumed MVIC might be the acq. price is that an acquiring firm doesn’t necessarily inherently have the power to negotiate non-op assets out of the deal.

2. Second question is in regard to the non-op liab., not 100% on the technicalities of this adjustment that’s made to arrive at BEV.

I realize these questions may be pretty granular to some, just want to make sure I’m covering the bases.

There's a Damodaran thread on here that provides some pretty good color on the cash adjustment, especially for trapped cash, can't post the link though.

Thanks in advance.