Business, 27.10.2020 01:20 journeyhile5
Joe has received an offer. The offer is $500,000 for 20% of the company PLUS a
15% royalty for each unit sold.
A. What is a royalty? And how much is that in this case? A portion of each sale,
15% .60*.15 = $.091
B. What is the shark saying he values the business at? 500,000/.20 = $2,500,000
Answers: 1
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Joe has received an offer. The offer is $500,000 for 20% of the company PLUS a
15% royalty for each...
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