New York City Taxicab Medallion Value Analysis

C: The article was first published in 1994 and revised on April 24, 2007. This indicates that the information in the article has previous and recent knowledge which suggests that it is current enough for the project.

Throughout this report, the writer has conducted and gathered a number of primary and secondary sources to reflect and validate the

Moreover, public transportation is mainly common in means of transportation in and out of NYC due to the convenience, cost, and efficiency of public transportation. It has become more easily accessible due to having subways in nearly every other block,which is cheaper and faster. Public transportation is faster than driving into the city at times since it escapes the traffic on roads since it is underneath. Public transportation contains buses,trains,and light rails as well. Once again, automobile and the city of tomorrow can coexist, but it is not ideal in today’s

| The discussion refers often to the topic and with adequate evidence from the literature. There is appraisal of the literature(19-21)

In the late 1990s, two of the Branson brothers wanted to bring their children and their spouses into the business. The role that these new family members would play in the business created discussions and some altercations. Dave James in particular was opposed to bringing in family members. Dave threatened to leave, and some of the Bransons thought that was a good idea. After few months of negotiations, it was agreed that Dave James would receive one year’s severance pay, and the three Branson brothers would buy his stock in the company at its fair value. Dave James resigned from the trucking company at the end of 2011. Branson Trucking Company does not trade in any market, and it is a closely held. The only stock sales have been directly from the company to the original holders of the stock.

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Although the amount of research conducted is valid to the nature of the source, it is insufficient for in-depth study purposes. There are no official studies or other valid sources used in this article and a bibliography, naturally, is not provided.

Age of the sources. The significant literature will be reviewed. Sources from the last five years, 2012- 2017, will be

studies (such as Bifulco, Cobb & Bell, 2009). As a result, the present study fills a

Title slide is complete. References section includes correctly cited sources. Correct citations are included within the body of the presentation.

The purpose of this review is to narrate and provide the details of published academic studies about the

Correct valuation of real assets can present challenges to financial analysts. Different models can be used to arrive at the closest estimate of value and yet certain issues will always arise.

The Metropolitan city of Nashville, Tennessee, for example, had many independent sedan and limo services competing with the established taxi and expensive limo companies, which, in turn, formed the Tennessee Livery Association, crafting assorted regulations and propelling them through the court system into law (IJ). Ali Bokhari is the proprietor of Metro Livery, one of the largest sedan and limo services established in Nashville and one of the several independent transportation businesses restricted by the unreasonable regulations of the county. These regulations required all non-established transit companies to charge a minimum of $45 for any length of ride, understandably driving most all customers back to the large corporation taxi and limo services. As stated by senior attorney at the Institute for Justice, Jeff Rowes (2015), “Most of the rules that exist in the transportation industry are designed to protect existing transportation companies from competition.” (as cited in Stossel LYFT, 2015, 4:45). Instead of creating these regulations in an honest effort to protect the public’s health and safety, the bureaucratic system opted to favor the politically powerful companies with

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