Question
When valuing a private company which of the following adjustments made to the firm's income statement that would result in lower profits Question 1 options
When valuing a private company which of the following adjustments made to the firm's income statement that would result in lower profits
Question 1 options
A. The owner is the landlord and charges the company above market rents
B. The owner pays her husband a large salary, but he does not work at the company
C. The owner pays the rent for her uncle's BMW but he does not work at the company
D. The owner is remunerated in dividends and does not take a salary
E. None of the above
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Fundamentals Of Corporate Finance
Authors: Jonathan Berk, Peter DeMarzo, Jarrod Harford, David Stangeland, Andras Marosi
3rd Canadian Edition
0135418178, 978-0135418178
