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
1.2
Release Date: 4/09/2003
Report Ranges were one row shy causing double underlines to not show up. This update
fixes the ranges. Word Dot
The financial ratio comparison for the adjusted column did not calculate all ratios correctly. This update fixes those calculations.
Data Book
The financial ratio comparison incorrectly calculated the acid test. This update corrects
the calculation Data Book
The RMA download did not bring in % of completion figures correctly. This update corrects the mappings.
Data Book
The DCF model allowed regression in an inappropriate way. This update only allows
