The valuation of a business is a combination of art and science, and ultimately a matter of arriving at a
price and set of terms that both the buyer and
seller find acceptable. The primary methods of
valuation are asset valuation, earnings valuation,
and cash flow valuation. Asset valuation is a
method that analyzes the underlying value of the
firm's assets as a basis for negotiating the price.
Which of the following is NOT one of the most
common standards of asset valuation?
a
Replacement value
b
Liquidation value
C
Adjusted book value
d
Auction value
Book value
e

Last year, western corporation had sales of $5 million, cost of goods sold of $3 million, operating expenses of $175,000 and depreciation of $125,000. the firm received $40,000 in dividend income and paid $200,000 in interest on loans. also, western sold stock during the year, receiving a $40,000 gain on stock owned 6 years, but losing $60,000 on stock owned 4 years. what is the firm's tax liability?

Almost 80% of business owners are clueless about the competition, resulting in a) lost market share and customers. b) needless lawsuits. c) uninspired products. d) lack of perseverance

Which of the following businesses is most likely to disrupt an existing industry? a. closer connex developed an earphone that receives emails and text messages and converts them to voice messages. the first models had poor reception, but they rapidly improved over time. b. mega technologies reconfigured the components used in its touchscreen tablets to create a new type of wearable device for use in restaurants and other service industries. c. particle inc. developed a teleportation technology that can transport physical materials instantaneously across great distances. d. altrea added advanced camera technology to its premium line of smartphones so that they would take the highest-quality photos of all phones on the market.