What is the purpose of the financial valuation? How financial valuation relates to Business? What is the challange when valuating the companies?

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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What is the purpose of the financial valuation?

How financial valuation relates to Business?

What is the challange when valuating the companies?

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