Appraisal challenges in designing cash flows

Autor:	Vlaović-Begović Sanja, Tomašević Stevan, Rupić Bojan
Jazyk:	English<br />Serbian
Rok vydání:	2014
Předmět:	cash flow enterprise value appraiser design subjectivity uncertainty Commerce HF1-6182 Economics as a science HB71-74
Zdroj:	Ekonomski Pogledi, Vol 16, Iss 2, Pp 175-187 (2014)
Druh dokumentu:	article
ISSN:	1450-7951 2334-7570 03479986
DOI:	10.5937/EkoPog1402175V
Popis:	One of the determinants which determine the enterprise value by discounting cash flows is the projected value of cash flows in the forthcoming period. In order to project cash flows on more objective basis, estimators develop the strategic perspective of enterprise development on the basis of accounting data generated in the previous period and understanding the business environment of enterprises. This paper aims to highlight the difficulties faced by appraisers in predicting future cash flows. In addition, the paper will present a simple way of designing cash flows in terms of a stable debt/equity ratio.
Databáze:	Directory of Open Access Journals
Externí odkaz:	https://doaj.org/article/fd8eb3d8e5654c068c14045a03479986 Zobrazit plný text záznamu View record in DOAJ