Editorial Type:
Article Category: Research Article
| Online Publication Date: 01 Jan 2013
Adjusting Capitalization Rates for the Differences Between Net Income and Net Free Cash Flow
Adjusting Capitalization Rates for the Differences Between Net Income and Net Free Cash Flow
ASA, CFA
Page Range: 201 – 207
Copyright: © 1992 American Society of Appraisers
Contributor Notes
Mr. Mercer is currently a member of the Business Valuation Committee of ASA, Vice Chairman of the International Board of Examiners, and a member of the Standards Sub-Committee of the Business Valuation Committee. He is president of Mercer Capital, Memphis, Tennessee.