_____ of other firms in the same industry are commonly used to estimate the value of a business.One major problem with this method is that no two firms are exactly alike.

Question

Quizplus · Accepted Answer

Comparable sales of other firms in the same industry are commonly used in valuation, but this method has limitations because no two firms are exactly alike. However, it is still a useful tool for providing a benchmark for determining the value of a business.

_____ of Other Firms in the Same Industry Are Commonly