标题: Reading 44: Private Company Valuation-LOS b 习题精选 [打印本页]
作者: 土豆妮 时间: 2010-4-20 11:18 标题: [2010]Session 12-Reading 44: Private Company Valuation-LOS b 习题精选
Session 12: Equity Investments: Valuation Models
Reading 44: Private Company Valuation
LOS b: Explain the reasons for valuing the total capital and/or equity capital of private companies.
Which of the following statements best describes the use of valuations for private firms in bankruptcy?
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A) |
Valuations are used for liquidations but not reorganizations. | |
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B) |
A valuation can help determine the firm’s future course. | |
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C) |
Valuations are not usually used for private firms in bankruptcy due to the difficulty in valuing them. | |
For private firms in bankruptcy, a valuation can help determine whether the firm should be liquidated or reorganized. If it is determined that the firm can be maintained as a going concern, the valuation process can help in its restructuring.
作者: 土豆妮 时间: 2010-4-20 11:19
Which of the following statements best describes how appraisals are performed?
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A) |
Because of industry requirements, appraisers use the same appraisal process regardless of the purpose. | |
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B) |
Because of government requirements, appraisers use the same appraisal process regardless of the purpose. | |
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C) |
Most appraisers specialize in a single area. | |
Because the valuations for transactions, compliance, and litigation are quite different, most appraisers specialize in a single area.
作者: 土豆妮 时间: 2010-4-20 11:19
Which of the following statements best describes the use of valuations in private firms?
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A) |
Due to the uncertainty of private firm valuation, valuations involving stock-based compensation are rarely performed. | |
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B) |
If a private firm gives its employees share based payments, a valuation should be performed. | |
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C) |
Although they are needed for financial reporting purposes, valuations are not used to value stock options because private firms do not grant options. | |
If a firm gives its employees share based payments such as stock options and restricted stock grants, a valuation will have to be performed for accounting and tax purposes. Stock can also be granted using employee stock ownership plans.
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