Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jun 09, 2024

I have an assignment question states below. It's far better to buy a wonderful company at a fair price, than a fair company at a

I have an assignment question states below.

"It's far better to buy a wonderful company at a fair price, than a fair company at a wonderful price" Warren Buffet. Critically analyse the basis evidence for his viewpoint and its implications.

I don't know how to answer this question. what are the things i need to looked at ? how to structure it?

i need the guideline to solve this question.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Calculus

Authors: Dale Varberg, Edwin J. Purcell, Steven E. Rigdon

9th edition

131429248, 978-0131429246

Students also viewed these Finance questions

Question

★★★★★

The following data were taken from the balance sheet of Beatty Company: a. Determine for each year (1) the working capital, (2) the current ratio, and (3) the quick ratio. Round ratios to one decimal...

Answered: 1 week ago

Question

★★★★★

The file P02_11.xlsx contains data on 148 houses that were recently sold. Two variables in this data set are the selling price of the house and the number of bedrooms in the house. We want to use a...

Answered: 1 week ago

Question

★★★★★

What happens to the margin of error in a confidence interval for the mean when the sample size is (a) doubled? (b) quadrupled?

Answered: 1 week ago

Question

★★★★★

Currently, the unit selling price of a product is $280, the unit variable cost is $230, and the total fixed costs are $525,000. A proposal is being evaluated to increase the unit selling price to...

Answered: 1 week ago

Question

★★★★★

A manager has developed a payoff table that indicates the profits associated with a set of alternatives under two possible states of nature. Answer the following questions. If the manager uses...

Answered: 1 week ago

Question

★★★★★

The Budda-Bing Manufacturing Company Preparing Pro Forma Financial Statements for 2019 Budda-Bing Manufacturing is planning to implement a major plant-modernization program to improve its competitive...

Answered: 1 week ago

Question

★★★★★

Like the Windows operating system, Linux also provides keyboard shortcuts for most commands, allowing users to simply press two or more keys on the keyboard at same time instead of typing the exact...

Answered: 1 week ago

Question

★★★★★

How many aircraft does Airbus need to sell in order to break even on the investment? To calculate the break-even number of planes, calculate the present value of the required investment, and compare...

Answered: 1 week ago

Question

★★★★★

Find and summarize an article on the below topic: Operation Management and value chain or Measuring Performance in OM

Answered: 1 week ago

Question

★★★★★

Machine Company manufactures pressure-relief valves and they have determined that 0.1% of valves they produce are defective due to critical flaws which affect the material strength. Due to the...

Answered: 1 week ago

Question

★★★★★

Now having had experience with each aspect of the strategic analysis process from conducting an external and internal environment scan of current strategies, assessing a firm's current strategy and...

Answered: 1 week ago

Question

★★★★★

1. Find out the categories in Activity based costing: 1.Indirect consumables 2. Inspection of products 3.Plant security 4.Design of the product 5.Advertising costs 6.Building maintenance 2. A firm...

Answered: 1 week ago

Question

★★★★★

One fundamental reason that state law is considered an inferior means of regulating environmental impacts is the fact that Question 8 options: A) states don't have authority to regulate environmental...

Answered: 1 week ago

Question

★★★★★

American Apparel is a clothing manufacturer, distributor, and retailer that does not outsource. It pays its workers, on average, over $12 an hoor. Could other U.S. clothing companies do the same...

Answered: 1 week ago

Question

★★★★★

Many American consumers say that they don't like having llleir clothes made by poor and exploited foreign workers. Would you pay more for ciothing that is made in factories that meet American safety...

Answered: 1 week ago

Question

★★★★★

Do companies have a responsibility to monitor the conduct of the companies that they do business with either directly (suppliers, contractors) or indirectly (subcontractors)? Do clothing companies...

Answered: 1 week ago

Previous Question Next Question