When it comes to making a deal happen, most buyers will use a cash flow multiple as an important element in valuing a station — and will rely on the seller’s accounting records to make the calculation. But, what if your financial records are, quite frankly, a haphazard mess?

In this fourth episode Community Broadcasters COO Bruce Mittman, President/CEO Jim Leven and Controller Peter Henderson share their thoughts with Doug Ferber, CEO of DEFcom Advisors, and Erwin Krasnow, an attorney with the Garvey Schubert Barer law firm. Radio Business Report Editor-in-Chief Adam R Jacobson is the host of this podcast series.