The Valuation Approach That Gives the Lowest Value of the Business

question 6

True/False

The valuation approach that gives the lowest value of the business is the earnings approach.

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Definitions:

Cab Fares

Charges levied for the service of transporting individuals in taxicabs, typically based on distance traveled and time taken.

Operating Cost

Expenses associated with the day-to-day functioning of a business, such as rent, utilities, and salaries.

Subway Fares

The charges or fees paid by passengers for using the subway system for transportation.

Patent Laws

Legal statutes that protect inventors by giving them exclusive rights to produce, use, and sell their inventions for a certain period of time.