Question: 2 . 1 0 - 6 . If the owner of Bright Rays Tanning Salon, Inc., invested $ 2 0 0 , 0 0 0

2.10-6. If the owner of Bright Rays Tanning Salon, Inc., invested $200,000 and had an investor pay in $45,000 for 15 percent of the corporation, what is the valuation of the business for the investor?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Q:

5. Calculate the annual amount of interest (assuming no principal repayment) for each of the following: Term loan of $122,000 over 15 years at 6.5%: Line of credit for $50,000 drawn 50% all year at...

Q:

5 . Calculate the annual amount of interest (assuming no principal repayment) for each of the following: Term loan of $122,000 over 15 years at 6.5%: Line of credit for $50,000 drawn 50% all year at...

Q:

5 . Calculate the annual amount of interest (assuming no principal repayment) for each of the following: Term loan of $122,000 over 15 years at 6.5%: Line of credit for $50,000 drawn 50% all year at...

Q:

Key Concept Questions: 10 1. 10-5. Calculate the annual amount of interest (assuming no principal repayment) for each of the following: 1. Term loan of $122,000 over 15 years at 6.5 percent 2. Line...

Q:

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

Q:

This question is on page 3 3 8 Question 1 0 - 6 . In the text book "Entrepreneurship Starting and Operating a Small Business" 4 th Edition Written by Steve Mariotti and Caroline Glackin If the owner...

Q:

10-5. Calculate the annual amount of interest (assuming no principal repayment) for each of the following: Term loan of $122,000 over 15 years at 6.5 percent Line of credit for $50,000 drawn 50% all...

Q:

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

Q:

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?

Q:

I have had a tutor help me with this accounting cycle problem, but its done differently than the way we learned it. This is from chapters 1-5 in College Accounting 13th edition. If I can have someone...

Q:

Whites Photography received an e-invoice from Fuji Canada dated February 27 of a leap year. The amount of the invoice is $2896.77 with terms 2 /10, 1/30, n/60. a. What is the last date on which...

Q:

P Company owns 100 percent of S Company. The following are accounts from the balance sheets and income statements of both companies: What would be the combined amount of each of the above accounts on...

Q:

Joseph was provided by his employer with a company car valued at $ 3 0 , 0 0 0 on 1 April which was garaged at his home each night. Running costs associated with the car during the year was $ 1 2 , 6...

Q:

The annual demand for an item is 1,700 units. The order cost is $7. Unit cost is $8 and the unit holding cost per year is 18% of the item's value. The order quantity is 125 units. What are the total...