As an employee of a small business,DeMonte has observed the owner's desire to retire.Since DeMonte would like to buy the business,he needs to determine how much the business is worth.In order to determine a fair price for the business,DeMonte should add up the market value of all of the firm's physical assets such as buildings,machinery,equipment,and inventory.

Question

Quizplus · Accepted Answer

The market value of physical assets is only one factor in determining the value of a business. Other factors such as revenue, profits, customer base, and reputation should also be considered.

As an Employee of a Small Business,DeMonte Has Observed the Owner's