Jasper Is Evaluating a Business for Possible Purchase

question 103

Multiple Choice

Jasper is evaluating a business for possible purchase.He needs to know what a fair offering price should be.One way to do this would be:

• A)to ask a business broker for his appraisal.
• B)to search the Internet for information about this business.
• C)to appraise the value of the assets of this business.
• D)to base his offer on the owner's equity on the balance sheet.

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Definitions:

Humor

In a medical context, one of the fluids historically believed to be responsible for human health and temperament; in a general sense, the quality of being amusing.

Manipulate Muscles

The practice of physically adjusting or massaging muscles to relieve tension, pain, or to improve mobility and function.

Soft Tissue

Parts of the body that include muscles, tendons, ligaments, fat, and other connective tissues not involving bone.

Massage

The manipulation of the body's soft tissues to relieve muscle tension, reduce stress, and promote overall health and well-being.