ap0258

协会的纠错上写着，这道题他们弄错了。肯定是要乘以1+g的

4.A: In the first line, replace ‘total return’ with ‘normalized earnings’. The last sentence
should begin: “The intangibles value is $4,830,000 based on $483,000 of year-ahead
residual income available to the intangibles …”

4.B: Replace $4,600,000 with $4,830,000 and $12,100,000 with $12,330,000.