Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

please explain why Consider Mark and Lori's offer on the Shark tank clip If they offer $100,000 for a 20% stake, what do Mark and

image text in transcribed
please explain why
Consider Mark and Lori's offer on the Shark tank clip If they offer $100,000 for a 20% stake, what do Mark and Lori think the entire company is worth? hint: if 20% of the firm is worth $100,000, what is 40% of the firm worth (yes it is $200,000)? What about 60% of the firm (if you answered $300,000 then you are correct)? so finally what about 100% of the firm? O $500,000 $200,000 $100,000 $2,000,000

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Finance questions