Question
You form a new company. Initially, there are 10,000 authorized shares. You contribute $100 of cash to the company and issue yourself 1,000 shares. After
You form a new company. Initially, there are 10,000 authorized shares. You contribute $100 of cash to the company and issue yourself 1,000 shares. After a few days, you convince some 5 friends to buy 10 shares each for $200 per share. What is the new equity valuation of your company?
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Horngrens Financial And Managerial Accounting The Financial Chapters
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978-0134486840, 134486838, 134486854, 134486846, 9780134486833, 978-0134486857
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