Business, 02.12.2020 16:50 georgesarkes12
Toronto Beverage Company is about to receive $10,000,000 in new investment from Thomas Suds, a local investor. Toronto Beverage Company estimates that its company is currently worth (before accepting the investment from Thomas) $45,000,000. The company's tax rate is 31% and last year Toronto Beverage Company recorded $100,000,000 in sales and $11,000,000 in profit. Calculate Toronto Beverage Company's Pre-Money Valuation (before it receives the investment from Thomas).
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Toronto Beverage Company is about to receive $10,000,000 in new investment from Thomas Suds, a local...
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