Define and discuss the following business valuation process: a. Basic Framework b. Book Value Approach c. Market Value of Traded Securities Approach d. Market Multiple Approach e. Discounted Cash Flow Approach 2. Expand upon the Discounted Cash Flow Approach: a. Define and discuss how to develop the Free Cash Flow forecast b. Define and discuss how to develop the Terminal Value c. Define and discuss how to develop the Discount Rate 3. Discuss how valuation methods must be adjusted for early stage companies. 4. Discuss how valuation methods must be adjusted for late stage companies. 5. At the end of 2011 American Greetings was trading at an EBITDA multiple of 3.5. a. Do you think a 3.5-times multiple is appropriate for American Greetings

Which of the following statements regarding the learning curve and economies of scale is accurate? answers: just as diseconomies of scale are presumed to exist if a firm gets too large, there is a corresponding increase in costs in the learning-curve model as the cumulative volume of production grows.where diseconomies of scale are presumed to exist if a firm gets too large, there is no corresponding increase in costs in the learning-curve model as the cumulative volume of production grows.where diseconomies of scale are presumed to exist if a firm gets too small, there is no corresponding increase in costs in the learning-curve model as the cumulative volume of production grows.just as diseconomies of scale are presumed to exist if a firm gets too small, there is a corresponding increase in costs in the learning-curve model as the cumulative volume of production grows.

Amanufacturer has paid an engineering firm $200,000 to design a new plant, and it will cost another $2 million to build the plant. in the meantime, however, the manufacturer has learned of a foreign company that offers to build an equivalent plant for $2,100,000. what should the manufacturer do?

Which external factor has enabled addition of special effects in advertisements and tracking of responses of customers over websites?