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View Full Version : Henery is selling his business how do I figure 20x monthly income


nancy johnson
Feb 19, 2010, 10:07 AM
Henery is selling his business. We are to buy his business . We are to use most recent monthly income and 20x to find out monthly expenses we would expect to earn from it. Least he will take is ending capital. What should we offer him. Give a reason

Henery is selling his business. We are to buy his busiess at 20x the monthly net income that we expect to have. Henery will not take least that what capitl he his in his business.

morgaine300
Feb 20, 2010, 01:54 AM
Please do not double post. I have merged your two posts.

And see the guidelines for posting homework:
https://www.askmehelpdesk.com/finance-accounting/announcement-font-color-ff0000-u-b-read-first-expectations-homework-help-board-b-u-font.html