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well B is not always true: sometimes going on concern is worth less that liquidation value. It can happen when sum of parts are less than the whole 2 + 2 = 3 i.e. reverse synergy effect.
In other words, assets are worth more when you sell them than to use them in some highly unproductive, or very risky activities, so that disc. CFs are very low.
Do you understand now? |
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发表于 2013-4-12 21:51
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