Question
Bounce Patrol, Inc has revenue increasing exponentially in 5 years. Based on the industry, this increase in revenue has an applicable earning valuation multiplier of
Bounce Patrol, Inc has revenue increasing exponentially in 5 years. Based on the industry, this increase in revenue has an applicable earning valuation multiplier of 3. EBIT for the last 12 months is P900,000. How much is the business value of the company?
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Intermediate Accounting
Authors: Loren A Nikolai, D. Bazley and Jefferson P. Jones
10th Edition
324300980, 978-0324300987
