Question: In 2009 Xio and Xandra each invest 300 000 to create

In 2009, Xio and Xandra each invest $300,000 to create Xava Corporation.
Xava develops and manufactures rock climbing and bungee jumping equipment. The business has become very profitable (it now is valued at $3 million), and Xandra would like to cash out the profits and sell the business. Xio, however, wants to reinvest the profits and expand the business into ice diving.

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  • CreatedSeptember 09, 2015
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