You have a business you are considering selling. There are several ways to determine the firm's worth. Based on the following data, which method would merit you the most for your business?

• Current annual profits were $2,400,000
• Your current stock is $21.00 per share
• There are 31,000 outstanding shares of stock.
• Your stock has earned $14 this past year, and
• Average net income over five years $820,000

Consider in this calculation,

- Price/Ratio Method,

- Outstanding Share Method, and

- the Conservative Rule of Thumb method.

Please : Show work for each of these methods and identify, based on your work, which method yield the most for your business.