Pls explain the paragraph in the image below.
Especially the meaning of enterprise specific value.
Sibi Srinivasan
CA Final
★ 22K+
11-Mar-22 07:12
427
Answers (5)
Enterprise-specific value is the present value of the cash flows an enterprise expects to arise from the continuing use of an asset and from its disposal at the end of its useful life or expects to incur when settling a liability.
Sudha Reddy
CA Final
★ 20K+
11-Mar-22 10:23
If there are post tax cash flows for the enterprise due to the exchange transaction then its considered as commercial substance