If the selling price of the failing firm is less than the going concern and liquidation value, the firm should sell the firm to another party.

Question

Quizplus · Accepted Answer

The decision to sell a firm should consider more than just the current selling price relative to the going concern and liquidation value. Other factors such as potential for turnaround, strategic value to buyers, and market conditions also play crucial roles in this decision.

If the Selling Price of the Failing Firm Is Less