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Answers:
The most expensive item is the living room set
The least expensive item is the two end tables
The total value of the items = $3175
Total value of the objects is $3,175
$200+ $800+$900 + $1200 +$75 = $3175
Living room set of $1200 is worth the most.
Two end tables of $75 is worth the least.
What does “value” mean?
Value is the appraised, monetary, or material worth of a good, service, or asset. Numerous ideas are associated with the word "value," including shareholder value, company value, fair value, and market value. Value can refer to a quantity or a number, but it is frequently used in finance to assess the worth of an asset, a business, and its financial performance. A firm's worth is estimated and forecasted by investors, stock analysts, and corporate executives using a variety of financial criteria. Profit per share, or profit divided by the number of outstanding equity shares, is a measure of a company's profitability that can be used to determine its worth.
The term "value" has a wide range of applications outside of the stock market. Homes and real estate have a value attached to them. Something or someone in a circumstance may provide value or be added value. Value-added refers to the improvement made to a good or service by a business, like an added feature or advantage.
The objective is to raise the worth of the good or service being provided. In the business world, the phrase "value proposition" refers to a company's assurance to its clients that they would provide the good or service as a result of doing business with them.
The term "valuation" refers to the process of figuring out and giving a firm or item a value. However, the term "valuation" is also used to determine the fair value of the stock price of a corporation. Investment bank equity analysts frequently evaluate a company's valuation to determine if it is fairly valued, undervalued, or overvalued depending on the financial performance in relation to the stock price at the time.
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