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Asset-based approach- This type of valuation is used to value asset-intensive businesses such as retail and manufacturing. The focus is on what the equipment and real estate are worth.
Income approach- This type of valuation is useful for service companies. The focus is on how much money a buyer can make from the business.
Market approach- This type of valuation looks at what the market is paying for similar businesses and is used to value many different types of businesses. The focus is on the marketplace: what others have paid for similar companies.
Question 1: Briefly discuss the best practices of gathering information.
Articulate the meaning of value-added service as it pertains to patient care services, and argue the major reasons why it matters to add value to patient.
What basic accounting principle is violated by the recording of the warranty reserve directly to retained earnings?
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describe the accounting cycle in clear concise terms understandable by non-accountants. define terms and include the
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