Q356
Companies that perform in competitive markets using pricing approach are known as
A.
independent revenue approach
B.
market based approach
AnswerC.
dependent revenue approach
D.
cost based approach
Answer: Option B
Solution
Answer: Option B
Solution:
Companies that perform in competitive markets using pricing approach are known as market based approach. In the Market-Based Approach, the value of an asset is determined by comparing it with the market prices of recently sold similar sized assets in recent time period like a quarter.