If the owner of Bright Rays Tanning Salon, Inc., invested $200,000 and found an investor to pay

Question:

If the owner of Bright Rays Tanning Salon, Inc., invested $200,000 and found an investor to pay in $45,000 for 15% of the corporation, what is the valuation of the business?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Introduction To Business Law

ISBN: 9780324826999

3rd Edition

Authors: Jeff Rey F. Beatty, Susan S. Samuelson

See More Books

Question Posted: Feb 13, 2017 12:12 AM

See More Questions

Cool Rays Tanning Salon bought three tanning beds in a $15,000 lump-sum purchase. An independent appraiser valued the tanning beds: Tanning Bed _____________________ Appraised Value...
In my opinion, a tanning salon would be a natural addition to our spa and very popular with our customers, said Stacey Winder, manager of the Lifeline Spa. Our figures show that we could remodel the...
Data for the unadjusted trial balance of Mexican Riviera Tanning Salon at March 31, 2012, follow. .:. Adjusting data for March 2012 are: a. Accrued service revenue, $2,600. b. Supplies used in...
Draw and name the eight isomeric alcohols with formula C5H12O.
State how each of the following accounts should be classified on the balance sheet. (a) Treasury Stock (b) Retained Earnings (c) Vacation Pay Payable (d) Foreign Currency Translation Adjustment (e)...
When Salesforce purchased MuleSoft for $6.4 billion in cash, it acquired assets with a fair market value of $1.9 billion and assumed the liabilities of MuleSoft valued at $0.2 billion. INSTRUCTIONS:...
Define slip and creep with respect to belt drives.
Neef Corporation has provided the following data for its two most recent years of operation: Selling price per unit $ 84 Manufacturing costs: Variable manufacturing cost per unit produced: Direct...
. How a flash memory can be Read, Erased, or Programmed? Explain the steps involved.
9. Roberts Company produces a single product. During the year just ended, the company's net operating income under absorption costing was P3,000 lower than under variable costing. The company sold...
What company is the leading international express carrier? If you answered Federal Express (www.ledex.com) or UPS (www.ups.com), you're wrong. Try DHL International (www.dhl.com). This company,...
New Business is just being formed by 10 investors, each of whom will own 10% of the business. The firm is expected to earn $1,000,000 before taxes each year. The corporate tax rate is 34% and the...
Show that it is impossible to completely cover the "mutilated-checkerboard" with 1 x 2 tiles so that the tiles neither overlap nor stick out over the edge of the board. first solve the problems that...
2. The Council on Postsecondary Education will limit tuition increases at Kentucky Colleges to 3 percent. This government intervention is an example of (Quota/ Price Ceiling/ Price Floor). Show it on...
When financial leverage is used, what is the potential impact on before-tax cash flow and the current before-tax yield to the equity position? 3. Explain the meaning of the loan-to-value ratio from a...
LKO is a somewhat mature company but is seeking growth capital. Right now LKO Co. has EBIT of 10, CAPEX requirements of 5, Depreciation of 3 and negligible changes in working capital year-to-fear....
If the feed rate of one pilot scale coal power plant is 1 . 9 g/s . How much feed rate in tons for one year?
Aaron Inc. has 303 million shares outstanding. It expects earnings at the end of the year to be $630 million. The firm's equity cost of capital is 10%. Aaron pays out 50% of its earnings in total:...
Which of the following compounds have delocalized electrons? a. b. c. d. e. CH 2 =CHCH 2 CH=CH 2 f. g. h. CH 3 CH 2 NHCH 2 CH=CHCH 3 i. CH 3 CH 2 NHCH=CHCH 3 j. k. CH2-CHCH3
Before the latest financial crisis and recession, when was the largest recession of the past 50 years, and what was the cumulative loss in output over the course of the slowdown?
The length of an injection-molded plastic case that holds magnetic tape is normally distributed with a length of 90.2 millimeters and a standard deviation of 0.1 millimeter. (a) What is the...
The sick-leave time of employees in a firm in a month is normally distributed with a mean of 100 hours and a standard deviation of 20 hours. (a) What is the probability that the sick-leave time for...
The life of a semiconductor laser at a constant power is normally distributed with a mean of 7000 hours and a standard deviation of 600 hours. (a) What is the probability that a laser fails before...
A bank can either invest money for three months at 4.00% or for nine months at 4.50%. Ignoring actual/360 day count adjustments for the purpose of this question, the three against nine FRA quote the...
Shuggy Otis, an executive at Slapfish Corp. (SC) intends to retire in 11 years. SC just announced that it will start depositing $500.00 at the end of each quarter into each of its workers' retirement...
On January 1, the Hanover Beverage Company replaced the palletizing machine on one of its juice lines. The cost of the machine was $195,000. The machine's expected life is five years or 480,000...

If the owner of Bright Rays Tanning Salon, Inc., invested $200,000 and found an investor to pay

Question:

Step by Step Answer:

If the owner of Bright Rays Tanning Salon The valuation of a business is the amoun...View the full answer

Introduction To Business Law

Students also viewed these Cost Accounting questions