An advantage of the book value of equity plus adjustments approach is:

An advantage of the book value of equity plus adjustments approach is:

A) that it implicitly assumes that a firm is going to be shut down.
B) it doesn’t consider the firm being valued as an ongoing concern.
C) we can immediately “plug in” the starting point of the book value of equity without having to do any calculations.
D) All of the above.

ANSWER

C