1. What is the Business valuation approach? 2.What is the description of the  income approach, the market approach and the asset approach? And How each approach is related to Business valuation? 3.How can the income approach, the market approach and the asset approach be used in the financial statement method?

Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter1: The Demand For And Supply Of Financial Accounting Information
Section: Chapter Questions
Problem 19GI
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1. What is the Business valuation approach?

2.What is the description of the  income approach, the market approach and the asset approach? And How each approach is related to Business valuation?

3.How can the income approach, the market approach and the asset approach be used in the financial statement method?

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