NO.PZ201512300100001401
问题如下：
1. Which of the following statements concerning asset-based valuation as applied to Oakstar is most accurate? The approach is applicable:
选项：
A.only when a guideline public company for the valuation is not available.
B.because natural resources with determinable market values constitute the majority of Oakstar’s total value.
C.because as a passive collector of royalties, Oakstar has no meaningful capital expenditures and free cash flow is irrelevant.
解释：
B is correct.
Oakstar’s primary asset is timberland whose market value can be determined from comparable land sales.
老师对于拥有都是自然资源的公司应该用可比法，可是题干说的是asset base valuation，不是comparable的方法啊
