QuickHelper

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About QuickHelper

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Elementary,High School,College,University,PHD

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Accounting,Applied Sciences See all
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Teaching Since: May 2017
Last Sign in: 355 Weeks Ago, 6 Days Ago
Questions Answered: 20103
Tutorials Posted: 20155

Education

  • MBA, PHD
    Phoniex
    Jul-2007 - Jun-2012

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  • Corportae Manager
    ChevronTexaco Corporation
    Feb-2009 - Nov-2016

Category > Accounting Posted 19 Sep 2017 My Price 11.00

Assume that the most you would pay for the business is 20 times

analyze the data presented in the case scenario and address the following questions in your initial post:

  1. Assume that the most you would pay for the business is 20 times the monthly net income you could expect to earn from it. Compute this possible price.
  2. Nicholas states that the least he will take for the business is an amount equal to the business's owner's equity balance on January 31. Compute this amount.
  3. Under these conditions, how much should you offer Nicholas? Give your reason.

Please make sure everything correct without wasting time.

Answers

QuickHelper
(10)
Status NEW Posted 19 Sep 2017 04:09 AM My Price 11.00

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