ACC 504 Midterm: Fantasy football.docx
22 Jun 2015
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How much can it be sold for 1336000 + per owner. Role calculate revised revenue and net income figures, then calculate the projected value of the company based on the formula given (average of 2x revenue and 4x net income). Magazines sales: company has already recorded maximum revenue of k, based on per magazine and 40,000 copies sold. Problem selling season it"s not yet complete and it is likely that not all copies will eventually be sold. Recognizing this maximum is to aggressive and not in accordance with aspe. One alternative might be to contact the vendor (books) to determine exactly how many they have sold as at aug 31 and apply the appropriate price (3. 5 or ) to that figure. Another might be to use historical data and assume 70% sales. A third might be to adjust historical data upward slightly, say to 75% or 80%, based on current management estimates.
