Replacement value is a valuation similar to an adjusted book value analysis. Replacement value is different than liquidation value in that is uses the value of the replacement value of assets, which is usually higher than book value. Liabilities are deducted from the replacement value of the assets to determine the replacement value of the business.
There’s an old saying: "Most people aim at nothing in life . . . and hit it with amazing accuracy." It’s a sad commentary about people, but it’s true. It is the striv... [ more... ]
If you no longer enjoy the holidays, it’s time to re-think. Who says you have to spend weeks in a frenzy of shopping, visiting, baking, buying, sending cards to people you scarcely know beca... [ more... ]