Cermco produces and sells specialty customer relationship management (CRM) solutions to small and medium-size businesses in the United States and...

Produce a valuation estimate for Ceremco for December 31, 20X5. Use whatever valuation method you think best but justify your choice. Note that you can estimate the annual income from year-to-year changes in the balance sheet.

Year ending Dec31AssetsCash and cash equivalentsShort term investmentsNet receivablesInventoryOther current assetsTotal current assetsLong term investmentsProperty pLant and Equipment...