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Create an argument supporting that using the earnings-based valuation method yields the most accurate results. Provide support for your argument.

Assess the challenges related to using the earnings- based valuation method in practice, suggesting how each of these challenges may be overcome. Provide support for your rationale.

Evaluate the likely impact on a firm's valuation when using U.S. GAAP versus IFRS accounting methods, indicating which accounting standards you believe may yield a more favorable result. Provide support for your position.

Determine how a firm's valuation using the earnings-based valuation method would be impacted when using aggressive versus conservative accounting. Provide evidence supporting your conclusion.

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