Express Business Valuation Update History
The Express Business Valuation application contains the following components:
Run Time File
Data Book
Report Template
Support Files (Dlls, Exe’s and OCX’s)
Each update has a section explaining the enhancement or bug fix, what section was affected, or the process that was altered. There are not any known but unresolved issues that still exist. To make a suggestion for a future release or to report a bug, contact Dave Miles at (719) 548-4462 or send email to
This and the previous update releases include the following bug fixes.
Release Version Component
1.1
Release Date: 9/20/2002
The historic cash flow statement does not pull in the correct net income or depreciation in
the last year. This update corrects the mapping. Data Book When Liquidation Value was not checked on the Appraisal Methods schedule, the Deal
Structure folder was not shown on the Navigator Tree. This update fixes the navigator. Data Book On project setup, the COGS checkbox did not turn off the COGS rows. This update
corrects this. Data Book
The Capital Expenditure Analysis does not calculate correctly in periods 3, 4, 5, 6. This
update corrects the calculation. Data Book The Financial Ratios using the adjusted balance sheet current liabilities was incorrectly
calculated. This update fixes this column and these ratios. Data Book The What If Performance page was not calculating correctly because of the COGS line.
This was corrected in the update. Data Book The Common Size Adjusted Income Statement was pulling numbers from the Historical
Statement. This is corrected in the update. Data Book COEE Return on Assets/Equity was not rounded and could cause a small rounding error
on the indicated value page. This update corrects the rounding error. Data Book You can optionally stop showing the message when going to excel mode. Run Time Added update logic to update existing files with formula changes. Run Time Fixed the Mergerstat database logic so the databases (P/E or PD) would download if only
