Question: When valuing an entire firm using the cash flow from assets approach, why must the tax amount be adjusted?Multiple ChoiceThe tax effect of the dividend
When valuing an entire firm using the cash flow from assets approach, why must the tax amount be adjusted?Multiple ChoiceThe tax effect of the dividend payments must be eliminated.The taxes must be computed for valuation purposes based on the average tax rate for the past ten years.The tax effect of the interest expense must be removed.
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