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2024-08-28 19:13本頁(yè)面
【正文】 hen the target pany39。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。s returns, but the purchase price will be high. Therefore, according to the pany level can bring benefits to determine the value of the pany is scientific and reasonable way. The use of this method must have two conditions: First, assess the pany39。 second, and enterprises to obtain expected benefits associated with future risk can be invaluable, and can provide convincing evidence. When the purpose is to use M amp。 A business through the acquisition of a variety of financing sources of funds needed. M amp。 A prehensive analysis and evaluation, to select the best financing channels. M amp。 A financing is divided into internal financing and external financing. Internal financing is an enterprise to use their own accumulated profits to pay for acquisitions. However, due to the amount of funds required for mergers and acquisitions are often very large, and limited internal resources, after all, the use of M amp。 if the business debt rate has been high, as far as possible should be financed without an increase to equity of panies debt financing. However, if the business prospects for the future, can also increase the debt financing, in order to ensure all future benefits enjoyed by the existing shareholders.Whether M amp。 A and policymakers, from the financial rational behavior on M amp。s decision making provide the most effective message. 專(zhuān)業(yè)好文檔為您整理~謝謝使用~請(qǐng)雙擊清除頁(yè)眉頁(yè)腳~~~~~~~~~~~~~
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