Question
Determine the net income of a comparable firm based on the following information: value of target firm = $8,000,000; net income of target firm =
Determine the net income of a comparable firm based on the following information: value of target firm = $8,000,000; net income of target firm = $400,000; stock price of comparable firm = $60.00; and 600,000 shares of stock outstanding for the comparable firm.
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New Venture Creation A Framework For Entrepreneurial Start-ups
Authors: Paul Burns
2nd Edition
1352000504, 978-1352000504
