Describe what is meant by the statement, If youre not using estimates, youre not doing a valuation.
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (12 reviews)
This statement tell us the importance of estimation in valuation Estima...View the full answer
Answered By
Sandhya Sharma
I hold M.Sc and M.Phil degrees in mathematics from CCS University, India and also have a MS degree in information management from Asian institute of technology, Bangkok, Thailand. I have worked at a international school in Bangkok as a IT teacher. Presently, I am working from home as a online Math/Statistics tutor. I have more than 10 years of online tutoring experience. My students have always excelled in their studies.
4.90+
119+ Reviews
214+ Question Solved
Related Book For
Entrepreneurial Finance
ISBN: 978-0538478151
4th edition
Authors: J . chris leach, Ronald w. melicher
Question Posted:
Students also viewed these Finance questions
-
Describe what is meant by the term general- purpose financial statements. Discuss what group(s) benefit(s) from general purpose financial statements.
-
What is meant by the statement audit documentation ought to stand on its own? What is the importance of this concept?
-
Describe what is meant by the term chains of command?
-
Lucy, a 57-year-old widow, lost her husband in 2021. He was an active participant in the Federal Employees' Retirement System (FERS), and his FERS contributions totaled $27,000 at the time of his...
-
Illustrate how to resolve racemic 1-phenylethanamine (shown in the margin), using the method of reversible conversion into diastereomers.
-
What are some of the unique aspects of the governmental sector compared with the private sector}
-
Consider again the interfering radio waves in Problem 7, but now assume the amplitude of the reflected wave is exactly half the amplitude of the wave that arrives directly. If the amplitude of the...
-
Grinders Corporation issued the following statement of cash flows for 2010. (a) Compute free cash flow for Grinders Corporation. (b) Explain why free cash flow often provides better information than...
-
Gabe and Dana are married and file jointly. For 2019, Gabe earned $150,000 and Dana earned $20,000 working part time as a party planner. They have two young children, a 4-year old son, Mike, and a...
-
The data related to JK company is given below: Income tax payable $61,250 $17,500 $24,400 $5,000 $4,320 $6,000 Allowance for doubtful accounts Accounts payable Interest receivable Unearned revenue...
-
What is a ventures present value? Does the past matter?
-
Define the terms explicit forecast period and terminal or horizon value as they relate to a ventures discounted cash flow valuation.
-
The Home Depot, Inc., is the worlds largest home improvement retailer and one of the largest retailers in the United States based on net sales volume. The Home Depot operates over 2,000 Home...
-
The figure shows a turbine-driven pump that provides water, at high pressure, to a tank located 25-m higher than the pump. Steady-state operating data for the turbine and the pump are labelled on the...
-
Step 1 Step 2 1. Sketch what step 4 and then step 5 would look like. Step 4 Step S 2. How many black triangles are in each step? Step 1 black A = | Step 2 = 4 black A's step 3 = 13 black D's 3. What...
-
The pressure cooker pictured here consists of a light pressure vessel with a heavy lid of weight W. When the lid is secured, the vessel is filled with a hot pressurized gas of pressure p. After some...
-
5) A large group of students took a test in Finite Math where the grades had a mean of 72 and a standard deviation of 4. Assume that the distribution of these grades is approximated by a normal...
-
Q9 (5 points) According to Dr. Henry Mintzberg, a noted management scholar from McGill University in Montreal, PQ, "business organizations perform only two activities of consequence." What are these...
-
Under what circumstances might a Separation phase actually lead back into the ARM cycle?
-
Prepare a stock card using the following information A company is registered for GST which it pays quarterly, assume GST was last paid on the 30th of June 2019. It uses weighted average cost...
-
Bundesbanks Weidmann Opposes ECBs QE Jens Weidmann, president of Bundesbank, Germanys central bank, believes that the European Central Banks (ECB) monetary expansion policy could do more harm than...
-
If a company has beginning inventory of $30,000 and ending inventory of $55,000, compute its average inventory. If the COGS are $140,000, compute its inventory turnover and determine how many days...
-
Samantha Knight is applying for a small-business loan. She provides the bank with the following information: cash in checking accounts, $5,000; cash in savings, $10,350; home market value, $145,500;...
-
Using both the balance sheet (Table 4-4) and the income statement (Table 4-7) for the MLC, answer the following: a. Calculate the following ratios for 2013: inventory turnover, fixed asset turnover,...
-
Present Value Computations Using the present value tables, solve the following. ( Click here to access the PV and FV tables to use with this problem. ) Round your answers to two decimal places....
-
A company provided the following data: Sales $887,000 Variable costs $546,800 Fixed costs $310,000 Expected production and sales in units 36,000 What is the break-even point in sales dollars? Please...
-
How to solve them..equation and explain ..please.. 1. Selected information from the companys financial records is presented below Equipment, December 31, 2013 $300,000 Equipment, December 31, 2014...
Study smarter with the SolutionInn App