Question
All of the following regarding company valuation is true EXCEPT for a. EPS can be used because it is considered reliable and all-inclusive. b. sustainable
All of the following regarding company valuation is true EXCEPT for
a. EPS can be used because it is considered reliable and all-inclusive.
b. sustainable cash flow or earnings can be used.
c. using EPS provides a very rough calculation only.
d. EPS is the preferred method recommended by standard setters.
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Auditing and Assurance Services A Systematic Approach
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