Which one of the following methods is not derived from the principle that the value of a stock is the present value of future dividends O Discounted cash flow method O Discounted dividend method O Abnormal earnings O Price multiple method O Abnormal earnings growth

Auditing: A Risk Based-Approach (MindTap Course List)
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Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
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Chapter13: Auditing Debt, Equity, And Long-term Liabilities Requiring Management Estimates
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Which one of the following methods is not derived from the principle that the value of a stock is the present vaiue of future dividends.
O Discounted cash flow method
O Discounted dividend method
O Abnormal earnings
O Price multiple method
O Abnormal earnings growth
Transcribed Image Text:Which one of the following methods is not derived from the principle that the value of a stock is the present vaiue of future dividends. O Discounted cash flow method O Discounted dividend method O Abnormal earnings O Price multiple method O Abnormal earnings growth
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