haku: @author Park, J.C. / yhteensä: 1
viite: 1 / 1
« edellinen | seuraava »
| Tekijä: | Kim, J.S. Yoo, I.G. Park, J.C. |
| Otsikko: | Valuation of income producing assets with income tax consideration |
| Lehti: | Engineering Economist
1990 : SPRING, VOL. 35:3, p. 173-190 |
| Asiasana: | ASSET VALUATION CAPITAL ASSETS CAPITAL INVESTMENT INCOME TAX |
| Kieli: | eng |
| Tiivistelmä: | In previous works, the valuation procedure for income producing assets by use of the cost approach has adopted the model of declining operations returns. The problems of cost approach studies are investigated. It is found that income tax and first year decreases have not been incorporated into current valuation procedures. Thus, a valuation procedure which does not require a complex model and which explicitly incorporates income tax is proposed. It is also proposed that first year decrease must be treated as a separate factor. With income tax included, a simpler approach may be sufficient for valuation. The proposed procedure is tested through an analysis with real world data. Ten conclusions of the study are listed. |
« edellinen | seuraava »
SCIMA