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.
