Question
Your uncle has passed away and bequeathed you a large amount of money. You consider how to invest this windfall and finally settle upon buying
Your uncle has passed away and bequeathed you a large amount of money. You consider how to invest this windfall and finally settle upon buying a business. To help you identify a company to purchase, you seek the advice of a business broker. She presents you with four businesses to evaluate. The business with the highest owners equity is
a. a car dealership: Assets $33.2 million, Liabilities $30.1 million.b. a printing company: Assets $11.2 million, Liabilities $10 million.c. a computer software company: Assets $3.2 million, Liabilities $2.1 million.d. a bakery: Assets $4.7 million, Liabilities $1.1 million
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