Question: This question is on page 3 3 8 Question 1 0 - 6 . In the text book Entrepreneurship Starting and Operating a Small Business

This question is on page 338 Question 10-6. In the text book "Entrepreneurship Starting and Operating a Small Business" 4th Edition
Written by Steve Mariotti and Caroline Glackin
If the owner of Bright Rays Tanning Salon, Inc. invested $200,000 and had an investor pay $45,000 for 15% of the corporation, what is the valuation of the business for the investor?

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