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The importance of statistics as a tool for management and as a yardstick for valuations
1Lorraine S. Mashioff, Ltd., New York, New York, USA.
Abstract:
This article explains the importance of comparing statistics from year to year, especially when analyzing a practice for purchase, sale, partnership, or management. This is an invaluable tool that becomes a yardstick for measurement and should never be omitted or dispensed with.