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Summary Business Appraisal

What do you mean by "P&L statement for most current 12 months and current balance sheet"?

Example: Assuming today is April 20, 2005, a P&L statement for April 1, 2004 through March 31, 2005 and a balance sheet for March 31, 2005 would suffice.



Limited Business Appraisal

What do you mean by "3 years of 12 month P&L statements and current balance sheet"?

Example: Assuming today is April 20, 2005, a balance sheet for March 31, 2005 and the following P&L statements would suffice:

  • April 1, 2002 through March 31, 2003
  • April 1, 2003 through March 31, 2004
  • April 1, 2004 through March 31, 2005



    • Certified Business Appraisal

    What do you mean by "7 years of 12 month P&L statements and current balance sheet"?

    Example: Assuming today is April 20, 2005, a balance sheet for March 31, 2005 and the following P&L statements would suffice:
  • April 1, 1998 through March 31, 1999
  • April 1, 1999 through March 31, 2000
  • April 1, 2000 through March 31, 2001
  • April 1, 2001 through March 31, 2002
  • April 1, 2002 through March 31, 2003
  • April 1, 2003 through March 31, 2004
  • April 1, 2004 through March 31, 2005

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