Thursday, November 21, 2019
Time, value, stocks and bonds Assignment Example | Topics and Well Written Essays - 250 words
Time, value, stocks and bonds - Assignment Example This, therefore, helps the company make both long and short term decisions regarding the functioning of the company. Valuation, in this case, determines the course of the company so as to maximize its profits (Hitchner, 2011). On the other hand, Harrison & Wicks (2010) argue that company executives make the best value for its stakeholders through assessing all company documents that relate to the companyââ¬â¢s performance. It is also the responsibility of the executives to scrutinize the market so as to review the capability of the corporation to compete with other companies (Harrison & Wicks, 2010). Executives also create the best value for its stakeholders through selecting the finest approach in the course of valuation (Harrison & Wicks, 2010). This is done after a complete understanding of the current value of the company then determine whether a market approach, an income approach or otherwise would be valid for the
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