Question
Using the equity stake equation, if a business owner needed to raise $250,000 inequity and the company is worth $1,000,000, how much (what percentage) of
Using the equity stake equation, if a business owner needed to raise $250,000 inequity and the company is worth $1,000,000, how much (what percentage) of the company would the owners have to give up if the growth rate is 15% and they expect to completely sell out in 5 years?
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Principles of Marketing
Authors: Philip Kotler, Gary Armstrong
13th Edition
0136079415, 978-0136079415
