Abstracting and IndexingРИНЦReferativny Zhurnal VINITI RAS Worldcat Google Scholar Online availableEastvieweLIBRARY.RU Biblioclub |
About the Accounting of Borrowed Capital in the Models of Cash Flow for Equity Capital
Available online: 9 August 2010 Subject Heading: BUSINESS ESTIMATION JEL Classification:
The task of modeling cash flow for equity capital in the limits of income approach for business evaluation is regarded. The difficulty of practical use of cash flow model on the equity capital is caused by the lack of satisfactory prognostication models for the debts in the prognostic period. On the other hand, the use of the discounting cash flow model on the invested capital does not allow optimizing the financing of cash flow on the equity capital. In the article, it is shown how to model cash flow on the equity capital taking into account the optimization of the remaining actual debts. Keywords: assessment, business, income approach, income discounting method, cost, equity, borrowed capital, weighted average cost, of invested capital, prognostication, structure |
ISSN 2311-8768 (Online)
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