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Losely Held Companies, 5th ed. New York: McGraw-Hill, chap. 3, 5, 7, and 9-16. Hitchner, James R. 2011. Financial Valuation: Application and Models, 3rd ed. New York: John Wiley & Sons, chap. 4. (3) Unusual and/or non-recurring items (4) GAAP based adjustments 5. Statistics Related to Valuation Analysis a. Understanding Measures of Central Tendency (e.g. arithmetic, harmonic and geometric means and median) Understanding Measures of Dispersion (e.g. variance and standard deviation) Understandin.

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