All the methods for determining a business' worth can be grouped into three basic approaches: what a firm owns, what a firm earns, and what a firm spends.

Question

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The three basic approaches to determining a business's worth are what a firm owns (asset-based), what a firm earns (income-based), and what a firm is worth in the market (market-based), not what it spends.

All the Methods for Determining a Business' Worth Can Be