Nadine is ready to retire after many years building her business. Another entrepreneur has indicated an interest in buying it so Nadine must set a selling price. Which one of the methods below should she use?
A) the selling price of a similarly situated business
B) the sum of all taxable incomes for all the years she was in business
C) the sum of all assets currently on the balance sheet less all liabilities (outstanding debt)
D) the amount of retirement savings Nadine needs
Correct Answer:
Verified
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