Question: please answer in full sentences 25 pts 2. Why it could be very difficult to apply the discounted cash flow method for determining the value
please answer in full sentences

25 pts 2. Why it could be very difficult to apply the discounted cash flow method for determining the value of the companies in the following circumstances? a. A private/small firm, owner itself is trying to sell the company b. A candy manufacturer that just started up its operations, very few months of sales but very potentially successful product c. Cyclical firm in the middle of an economic recession d. A firm that is coming up from re-organization under the Federal law
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