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7. Show all your calculations for the following in the space provided. Highlight your answers. a. Founders (P1 and P2) in a new venture (RB)
7. Show all your calculations for the following in the space provided. Highlight your answers. a. Founders (P1 and P2) in a new venture (RB) each own 50% of the firm valued at $19,000. Family and friends invested $50,000 based on a revised $100,000 valuation. The bank extended RB a $25,000 loan. What percentage do each of the 3 partners (P1, P2 & FF) own? b. The partners provide an Angel investor with 20% of the firm based on a $200,000 valuation. The next day a venture capitalist (VC) buys the entire firm from all the partners. How much cash would each of the investors receive for their shares
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