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:

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Intelligence

The ability to learn from experience, adapt to new situations, understand and handle abstract concepts, and use knowledge to manipulate one's environment.

Bayley-III

A standardized assessment tool used to evaluate the developmental functioning of infants and young children, focusing on cognitive, language, motor, social-emotional, and adaptive behavior skills.

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