Explain at least one important difference in the ways an economist and a business person would view the valuation of a firm
Economist's view of valuation of firm:
Economic valuation is an attempt to provide an empirical account of the value of services and amenities or of the benefits and costs of proposed actions (projects or policies) that would modify the flow of services and amenities. It provides a utilitarian account, that is, an account of contribution to the satisfaction of human preferences.
Business view of valuation of firm :
It basically includes a review of financial statements, discounting cash flow models and similar company comparisons. Valuation is also important for tax reporting. The Internal Revenue Service (IRS) requires that a business is valued based on its fair market value.
Explain at least one important difference in the ways an economist and a business person would view the valuation of a f...
Explain at least one important difference in the ways an economist and a business person would view the valuation of a firm
Briefly explain at least three ways in which a business may expect to benefit from preparing a formal budget.
Discuss why it is important for business as well as non-business majors to take at least one accounting course?
What is a small business? Discuss its important in the US economy and explain popular area of small business. In what ways is entrepreneurship an important part of our economic system. Expand your answers using this lead question. Starting your own business is almost always a time-consuming and difficult task. Explain your answer. Expand your answers using this lead question. In starting a business in the U.S., it is important to select the form of ownership that almost fits your...
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Explain why advocacy is important in nursing profession and community. At least one page.
In at least one to two paragraphs explain the question "Why is statistics important to public health initiatives?
Explain the difference between sensation and perception, then give at least one example from your life experience of this difference? the answer must be at least half a page .
Which firm would an economist most likely label as an oligopolist? Choose one: A. This firm is one of many successful pest exterminators in a small city. It competes with its rivals on price and service, but all of the firms' products are essentially the same. B. This firm is a grocery store in a rural town. The nearest other grocery store is 30 miles away. C. This firm is one of a handful of cement manufacturers in a small...
Explain the three basic categories of analytical business reports and provide at least one example of each type.