1. What are the key limitations of ratio analysis? Explain. 2. What is the purpose behind undertaking business valuation? 3. Differentiate between earning multiple method and direct capitalization...

1. What are the key limitations of ratio analysis? Explain.

2. What is the purpose behind undertaking business valuation?

3. Differentiate between earning multiple method and direct capitalization method for valuation.

4. ‘It is usually said that first 100 days of operation of a business matter the most for its failure or success.’ What are the key aspects that an entrepreneur needs to effectively manage during this critical period? Explain with the help of an example.