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8.) Company A and B operate in the same industry. Company A is sold for $69,300. Based on this what is the value of Company
8.) Company A and B operate in the same industry. Company A is sold for $69,300. Based on this what is the value of Company B?
EXHIBIT 2 COMPANY A COMPANY B REVENUES COGS GROSS PROFIT SG&A EXPENSE DEPRECIATION EXPENSE OPERATING INCOME INTEREST EXPENSE INCOME BEFORE TAXES INCOME TAX NET INCOME 23,000 13,000 10,000 2,300 1,550 6,150 950 5,200 1,560 3,640 13,500 9,000 4,500 1,300 2,000 1,200 800 400 160 240 EXHIBIT 2 COMPANY A COMPANY B REVENUES COGS GROSS PROFIT SG&A EXPENSE DEPRECIATION EXPENSE OPERATING INCOME INTEREST EXPENSE INCOME BEFORE TAXES INCOME TAX NET INCOME 23,000 13,000 10,000 2,300 1,550 6,150 950 5,200 1,560 3,640 13,500 9,000 4,500 1,300 2,000 1,200 800 400 160 240 Step by Step Solution
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