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Question
Determine the market value of a comparable firm based on the following information: value of the target firm = $4,000,000; net income of the target firm = $200,000; and net income of the comparable firm = $500,000.
a. $15 million
b. $7.5 million
c. $10 million
d. $12.5 million
Answer
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Related questions
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Arranging for partial ownership as a component of the expected return to a lessor is known as:
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In which of the following credit programs does the SBA approve a loan and guarantee up to 85% of loan value?
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The Small Business Administration was created by an act of Congress in 2003.a. Trueb. False
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