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C.S. A construction firm is for sale. It is expected to break even the first two years and then make a profit of $100,00

Posted: Sun May 29, 2022 7:16 pm
by answerhappygod
C S A Construction Firm Is For Sale It Is Expected To Break Even The First Two Years And Then Make A Profit Of 100 00 1
C S A Construction Firm Is For Sale It Is Expected To Break Even The First Two Years And Then Make A Profit Of 100 00 1 (17.55 KiB) Viewed 12 times
C.S. A construction firm is for sale. It is expected to break even the first two years and then make a profit of $100,000 at EOY 3. The profit should increase by 10 percent per year every sub- sequent year for 19 additional EOY payments. Then at BOY 22 the firm will be sold for $500,000. If your MARR is 15 percent, what is the most you can afford to pay for the firm?