Question
On April 1, 2014, Maag Halan invests $140,000 of their own money in a new venture. To further help finance the venture, Maag Halan raises
On April 1, 2014, Maag Halan invests $140,000 of their own money in a new venture. To further help finance the venture, Maag Halan raises $60,000 of additional equity-capital from external investors. Four years after starting the venture, the venture is valued at $270,000. How much is Maag Halan's equity stake worth on this date?
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Bookkeeping And Accounting For Beginners
Authors: Warren Piper Ruell
1st Edition
1654626090, 978-1654626099
