Question: please answer I put my ABC 123 in their for you already fill in and follow instructions please :) Your firm currently has $190,000 in
please answer I put my ABC 123 in their for you already fill in and follow instructions please :)
Your firm currently has $190,000 in assets and $40,000 in debt business. Financial records show the most recent EBITDA to be $80,000 and recent the most net income to be $10,000. You (the entrepreneur) paid yourself a salary that is $20,000 higher than the current market rate. Based on the past growth of your firm and the current outlook for your industry, you think a multiple of "\#" is appropriate. The first digit of your ABC123 is your profit multiple. If your first digit is 0 or 1 , assume a profit multiple of 2 . Find the value of this firm according to the "quick and dirty" valuation method from Chapter 2. Make sure to type your ABC123 with CAPS and DO NOT include any dollar signs (\$), commas (,), or decimals (.00) in your answers or Blackboard will mark them as incorrect
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