Form NZ king Salmon annual report 2019. Note 15 below outlines further information about the fair valuing of these biological assets. From your perspective as a potential equity investor, explain the disadvantages of the accounting treatment of the aquaculture of salmon and how you might adjust for them in your analysis of NZ King Salmon using a valuation model (i.e. a discounted cash flow or NPV). Fair value measurement Measurement of fair value is performed using a fair value model. The method of valuation therefore fal

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The main disadvantage of the accounting treatment of the aquaculture of salmon is ... View the full answer