WHICH OF THE FOLLOWING IS NOT A STEP FOR DETERMINING THE VALUE OF...

262. Which of the following is not a step for determining the value of a firm: a. Determine the earnings after taxes the company expects to produce b. Determine the capitalization rate for the company’s earnings c. Determine the extent to which the company may be leveraged or the adequate amount of debt d. Determine the likelihood of increased or decreased debt e. Determine earnings before taxes multiplied by (1 – tax rate)