Business value assessment (Synergy test answers) 77 poi
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Business value assessment (Synergy test answers) 77 points 30 questions
The appraiser shall indicate the date of appraisal of the object in the appraisal report, guided by the principle ...
Price changes
Usefulness
Compliance
Limiting performance
In the case of choosing analogs among Western companies, it is necessary to carry out the procedure with the reporting of the assessed company ...
Normalization
Inflationary adjustment
transformations
The enterprise value determined by the comparative approach is ... if it is known that the price / earnings multiple for the peers was 6.3; “Price / cash flow” - 10.5; “Price / revenue” - 4.3 (in the calculations, the significance of the multipliers is taken as equal), the activity of the company being assessed is unprofitable, its revenue was 1,200,000 monetary units, and the cash flow was 200,000 monetary units.
2,100,000 monetary units
3,630,000 monetary units
5160000 monetary units
To determine the value of the residual value, the formula "..."
The residual value of the assets of the enterprise minus the costs of liquidation minus the liabilities
The method of transactions is based ...
On the assets of the evaluated company
On the assessment of minority stakes in similar companies
Assessment of controlling stakes in similar companies
On the future income of the assessed company
The Edwards-Bell-Olson model eliminates the flaw in the ... approach to business valuation
Costly
Comparative
Profitable
The main disadvantage of the cost-based approach to business valuation is
His speculation
Lack of consideration of business development prospects
Lack of reliable information about the subject of assessment
For the purpose of evaluating accounts receivable, a specialist should study ...
Help from the accounting department on the composition and timing of the occurrence and repayment of receivables
Contracts with buyers and customers
Agreements with credit institutions
To accept the results of the capital market approach to align with the results of the income and cost approaches, it is necessary
Apply no adjustments
Apply discount for low liquidity
Apply control premium and, if necessary, discount for low liquidity
Apply a discount for uncontrolled nature
In accordance with the principle ... a subject of assessment that does not meet market requirements is likely to be assessed below average
Substitutions
Compliance
Contribution
Competition
To determine the value of a non-controlling stake in low-liquid shares with a known value of 100% of the stake at the control level, it is necessary ...
Add bonus for controlling character
Subtract discounts for non-controlling nature and low liquidity xs
Subtract the discount for non-controlling
Subtract a discount for low liquidity
If it is known that the book value of the organization´s funds as of the date of valuation is 50,000 monetary units, accounts receivable - 450,000 monetary units. (12% of it is hopeless), the market value of real estate as of the valuation date is 8,400,000 monetary units, machinery and equipment - 13,520,000 monetary units, reserves - 3,890,000 monetary units, financial assets - 785,000 monetary units. units, the cost of obligations is 22,760,000 monetary units, then the value of the enterprise, determined by the cost approach, is ...
4,281,000 den units
26310000den units
It is customary for a business valuation report to provide an overview of macroeconomics ...
Industries
Region and industry
Countries, regions and industries
region
The multiplier "..." is momentary
Price / Profit
Price / cash flow
Prices / net assets
In assessing the value of an enterprise ... risks
Systematic and non-systematic
If it is known that the average value of the “price / profit” multiplier for several analogous companies is 6.5, the profit of the evaluated company is 80,000 den.units, and the revenue is 1,000,000 den.units, then the value of the evaluated
The appraiser shall indicate the date of appraisal of the object in the appraisal report, guided by the principle ...
Price changes
Usefulness
Compliance
Limiting performance
In the case of choosing analogs among Western companies, it is necessary to carry out the procedure with the reporting of the assessed company ...
Normalization
Inflationary adjustment
transformations
The enterprise value determined by the comparative approach is ... if it is known that the price / earnings multiple for the peers was 6.3; “Price / cash flow” - 10.5; “Price / revenue” - 4.3 (in the calculations, the significance of the multipliers is taken as equal), the activity of the company being assessed is unprofitable, its revenue was 1,200,000 monetary units, and the cash flow was 200,000 monetary units.
2,100,000 monetary units
3,630,000 monetary units
5160000 monetary units
To determine the value of the residual value, the formula "..."
The residual value of the assets of the enterprise minus the costs of liquidation minus the liabilities
The method of transactions is based ...
On the assets of the evaluated company
On the assessment of minority stakes in similar companies
Assessment of controlling stakes in similar companies
On the future income of the assessed company
The Edwards-Bell-Olson model eliminates the flaw in the ... approach to business valuation
Costly
Comparative
Profitable
The main disadvantage of the cost-based approach to business valuation is
His speculation
Lack of consideration of business development prospects
Lack of reliable information about the subject of assessment
For the purpose of evaluating accounts receivable, a specialist should study ...
Help from the accounting department on the composition and timing of the occurrence and repayment of receivables
Contracts with buyers and customers
Agreements with credit institutions
To accept the results of the capital market approach to align with the results of the income and cost approaches, it is necessary
Apply no adjustments
Apply discount for low liquidity
Apply control premium and, if necessary, discount for low liquidity
Apply a discount for uncontrolled nature
In accordance with the principle ... a subject of assessment that does not meet market requirements is likely to be assessed below average
Substitutions
Compliance
Contribution
Competition
To determine the value of a non-controlling stake in low-liquid shares with a known value of 100% of the stake at the control level, it is necessary ...
Add bonus for controlling character
Subtract discounts for non-controlling nature and low liquidity xs
Subtract the discount for non-controlling
Subtract a discount for low liquidity
If it is known that the book value of the organization´s funds as of the date of valuation is 50,000 monetary units, accounts receivable - 450,000 monetary units. (12% of it is hopeless), the market value of real estate as of the valuation date is 8,400,000 monetary units, machinery and equipment - 13,520,000 monetary units, reserves - 3,890,000 monetary units, financial assets - 785,000 monetary units. units, the cost of obligations is 22,760,000 monetary units, then the value of the enterprise, determined by the cost approach, is ...
4,281,000 den units
26310000den units
It is customary for a business valuation report to provide an overview of macroeconomics ...
Industries
Region and industry
Countries, regions and industries
region
The multiplier "..." is momentary
Price / Profit
Price / cash flow
Prices / net assets
In assessing the value of an enterprise ... risks
Systematic and non-systematic
If it is known that the average value of the “price / profit” multiplier for several analogous companies is 6.5, the profit of the evaluated company is 80,000 den.units, and the revenue is 1,000,000 den.units, then the value of the evaluated
The discount rate is ...
Expected rate of return on alternative investment options
Current rate of return for alternative investment options
Coefficient that brings the present value of money to their future value
If it is known that the company´s revenues expected to be received in the forecast period are in the 1st year 750,000 den.units, in the 2nd year 350,000 den.units, in the 3rd year - 500,000 den.units, in the 4th year - 550,000 den.units, residual value - 1,200,000 den.units, and the discount rate is 8%, then the current value of the enterprise is ...
2612570 monetary units
3101850 monetary units
2677720 monetary units
For debt-free cash flow, the discount rate is calculated ...
using the weighted average cost of capital (MCCC) method.
If it is known that the price / earnings multiplier for the peer companies was 6.3, the price / earnings ratio was 4.3, the activity of the assessed company is unprofitable and its revenue was CU1,200,000, then the value of the enterprise determined market approach is ...
7,560,000 monetary units
279070 monetary units
5160000 monetary units
190476 monetary units
22. In accordance with ... the evaluation report must necessarily indicate the assignment for the evaluation
Federal assessment standard No. 2
Federal assessment standard No. 3
Federal Law No. 135 "On appraisal activities in the Russian Federation"
Federal assessment standard No. 1
Arrange in the correct sequence the stages of determining the value of the company
A signing an appraisal contract
B determination of the company´s value
C collecting information about the company
D forming the assessment report
E output of the total value of the cost
Sequence: A, C, B, D, E
The purpose of the appraisal object may be ...
Making management decisions
Decision of the authorized body
Determination of market value
Purchase and sale
Valuation report in business valuation ...
May not be compiled
Must be written orally
Must be in writing
When assessing the value of the business of a joint stock company, the object of assessment will be ...
property complex of a limited liability company;
ownership of a share in the authorized capital of a limited liability company;
block of shares of the joint stock company.
Financial analysis in a comparative approach is necessary to determine
The degree of risk associated with the subject of assessment
The ratio of fixed and variable costs in the total cost
Rating among similar enterprises sold
Trends in income and expenses
For cases of cash flows increasing over time, the capitalization ratio ...
Will be equal to the discount rate
There will always be less discount rate
There will always be more discount rate
There can be either more or less discount rate
Using the ... method, you can determine the value of a minority stake
Deals
Capital market
Cost
Market value can be expressed ...
In monetary units
In monetary terms
Combined with cash and illiquid securities
* after purchase you will receive answers to all questions that are indicated in the product description
Expected rate of return on alternative investment options
Current rate of return for alternative investment options
Coefficient that brings the present value of money to their future value
If it is known that the company´s revenues expected to be received in the forecast period are in the 1st year 750,000 den.units, in the 2nd year 350,000 den.units, in the 3rd year - 500,000 den.units, in the 4th year - 550,000 den.units, residual value - 1,200,000 den.units, and the discount rate is 8%, then the current value of the enterprise is ...
2612570 monetary units
3101850 monetary units
2677720 monetary units
For debt-free cash flow, the discount rate is calculated ...
using the weighted average cost of capital (MCCC) method.
If it is known that the price / earnings multiplier for the peer companies was 6.3, the price / earnings ratio was 4.3, the activity of the assessed company is unprofitable and its revenue was CU1,200,000, then the value of the enterprise determined market approach is ...
7,560,000 monetary units
279070 monetary units
5160000 monetary units
190476 monetary units
22. In accordance with ... the evaluation report must necessarily indicate the assignment for the evaluation
Federal assessment standard No. 2
Federal assessment standard No. 3
Federal Law No. 135 "On appraisal activities in the Russian Federation"
Federal assessment standard No. 1
Arrange in the correct sequence the stages of determining the value of the company
A signing an appraisal contract
B determination of the company´s value
C collecting information about the company
D forming the assessment report
E output of the total value of the cost
Sequence: A, C, B, D, E
The purpose of the appraisal object may be ...
Making management decisions
Decision of the authorized body
Determination of market value
Purchase and sale
Valuation report in business valuation ...
May not be compiled
Must be written orally
Must be in writing
When assessing the value of the business of a joint stock company, the object of assessment will be ...
property complex of a limited liability company;
ownership of a share in the authorized capital of a limited liability company;
block of shares of the joint stock company.
Financial analysis in a comparative approach is necessary to determine
The degree of risk associated with the subject of assessment
The ratio of fixed and variable costs in the total cost
Rating among similar enterprises sold
Trends in income and expenses
For cases of cash flows increasing over time, the capitalization ratio ...
Will be equal to the discount rate
There will always be less discount rate
There will always be more discount rate
There can be either more or less discount rate
Using the ... method, you can determine the value of a minority stake
Deals
Capital market
Cost
Market value can be expressed ...
In monetary units
In monetary terms
Combined with cash and illiquid securities
* after purchase you will receive answers to all questions that are indicated in the product description
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