【正文】 to the outside world, those close to the lending institutions are likely to help businesses get rid of dilemma. Others include convertible securities are convertible at any time from the stock market into cash, to repay shortterm corporate debt maturity.3 Determination of M amp。 A movement through effective control of profitable enterprises and increase business value. The desire to control access to the right of the main business by trading access to the other rights owned by the control subjects to redistribution of social resources. Effective control over enterprises in the operation of the market conditions, for most over who are in petition for control of its motives is to seek the pany39。 Financial AnalysisCorporate mergers and acquisitions have bee a major form of capital operation. Enterprise use of this mode of operation to achieve the capital cost of the external expansion of production and capital concentration to obtain synergies, enhancing petitiveness, spread business plays a very important role. M amp。 A business goal must be to evaluate the financial situation of enterprises, in order to provide reliable financial basis for decisionmaking. Evaluate the enterprise39。s value is determined based on M amp。s priceearnings ratio of parable panies or the target pany in which the industry average priceearnings ratio. Corporate earnings targets and the target pany can choose the aftertax ine last year, the last 3 years, the average aftertax ine, or ex post the expected aftertax earnings target pany as a valuation indicator. This method is easy to understand and easy to apply, but its earnings targets and priceearnings ratio is very subjective determination, therefore, this valuation may bring us a great risk. This method is suitable for the stock market a better market environment, a more stable business enterprise. 5. Ine approach. It is the pany expected future earnings discounted using appropriate discount rate to assess the present value of the base date, and thus determine the value of the pany39。 A prehensive analysis and evaluation, to select the best financing channels. M amp。s decision making provide the most effective message. 專業(yè)好文檔為您整理~謝謝使用~請雙擊清除頁眉頁腳~~~~~~~~~~~~~