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Question 42 3 pts 5 million shares of common stock were authorized to ABC Tech, Inc., and 1 million shares were immediately issued to founders.
Question 42 3 pts 5 million shares of common stock were authorized to ABC Tech, Inc., and 1 million shares were immediately issued to founders. Six months later, the company sold 250,000 additional shares of common stock at $1.00 per share to outside investors. Given this, what is the post-money valuation of ABC Tech, Inc., following this investment? $1,250,000 $5,250,000 $250,000 Cannot tell from the information provided
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