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I want cmenezes to answer the question". Review Decision Case 1 ( on page 186 in chapter 3.

I want cmenezes to answer the question"...

Review Decision Case 1 ( on page 186 in chapter 3. By Saturday, February 23, 2013, analyze the data presented in the case scenario and address the following questions in your initial post:
1. Assume that the most you would pay for the business is 20 times the monthly net income you could expect to earn from it. Compute this possible price.
2. Nicholas states that the least he will take for the business is an amount equal to the business's stockholders' equity balance on January 31. Compute this amount.
3. Under these conditions, how much should you offer Nicholas? Give your reason.

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Please find attached the solution!!! This was a subjective question... View the full answer


Req 1
Post-Investigation conductd by us WORLD.COM ADVERTISING
Income Statement
For the month ending January 31, 2012
Service Revenue
Utilities expense
Salary expense

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