ash flow meaning in English

火山灰流；熔灰流

In order to choice the appraisal approach ? iscount cash flow model that it is look as a perfect and abreast on the theory and practice , in addition , the paper give a minute description about the two main element ? ash flow and the discount ratio of the model . so can know how to apply the model further in new high technology enterprise , of course , any theory including cash flow model is comparative when looked as perfect and the best theory , this approach has many difficult point also when use the model appraise the value of new high technology
本文从高新技术企业特点及评估特性入手，阐述了传统价值评估方法和国际上提出的一种新思路在高新技术企业中的应用利弊，从而选择了目前比较完整、具有理论意义的评估方法? ?折现现金流量模型，对高新技术企业进行价值评估，并对这个模型的两大基本要素?现金流量和折现率进行了详尽的分析，以便更明确如何在高新技术企业中运用此模型。当然，任何理论说其比较完整、具有理论意义都是相对而言的，折现现金流量模型也不例外，采用折现现金流量法评估高新技术企业也存在着难点，此论文对其进行了探讨，并对传统评估方法和新思路加以结合，使高新技术企业价值能更好的得到体现。