The value of a business is determined by a. what a buyer with the cash is prepared to pay. b. what a valuation formula determines its worth is to the buyer. c. what a valuation formula determines its worth is to the owner. d. what the owner believes the business is worth.

The value of a business is determined by a. what a buyer with the cash is prepared to pay. b. what a valuation formula determines its worth is to the buyer. c. what a valuation formula determines its worth is to the owner. d. what the owner believes the business is worth.

College Accounting, Chapters 1-27

23rd Edition

ISBN:9781337794756

Author:HEINTZ, James A.

Publisher:HEINTZ, James A.

Chapter4: Journalizing And Posting Transactions

Section: Chapter Questions

Problem 2RQ: Name a source document that provides information about each of the following types of business...

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Question

The value of a business is determined by

	a.	what a buyer with the cash is prepared to pay.
	b.	what a valuation formula determines its worth is to the buyer.
	c.	what a valuation formula determines its worth is to the owner.
	d.	what the owner believes the business is worth.

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