using the book value of the total stockholder equity section
using the book value of the total assets divided by the number of shares outstanding
discounting the future dividends and future stock price appreciation
compounding the past dividends and past stock price appreciation
Which of these is the process of estimating expected future cash flows of a project using only the relevant parts of the balance sheet and income statements ?
Substitutionary analysis
Incremental cash flows
Cash flow analysis
Pro forma analysis