Company's net income is the sole determinant of its value for the period the net income is generated.
BT: Knowledge

Question

Quizplus · Accepted Answer

The company's net income is one of many factors that can determine its value, but it is not the sole determinant. Other factors such as market conditions, competition, industry trends, management team, and future growth prospects also play a significant role in determining a company's value.

Company's Net Income Is the Sole Determinant of Its Value