On What Occasion Is a Business Valuation Not Usually Essential

question 59

Multiple Choice

On what occasion is a business valuation not usually essential?

• A) when giving a gift of stock
• B) when going public
• C) when selling a business division
• D) when hiring a new director of operations

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Definitions:

ATC

Average Total Cost, which is the total cost of production divided by the number of goods produced.

Output

The total amount of goods or services produced by a company, industry, or economy within a specific period.

Marginal Study Time

The additional benefit or improvement in performance obtained from studying for one more unit of time.

Marginal Returns

The additional output or benefit received from producing one more unit of a good or service.