According to the author, which of the following is a common reason for purchasing an existing business?
A) you are purchasing an existing income stream
B) it is safer than starting a business yourself
C) the business has a low price-earnings ratio
D) the seller is having problems managing the business
Correct Answer:
Verified
Q6: How is book value calculated?
A) assets plus
Q7: Which of the following describes accounts receivable
Q8: According to the author, which of the
Q9: Which of the following is a contractual
Q10: Which of the following best describes ill
Q12: In the negotiations stage of buying an
Q13: Which of the following is the most
Q14: Which of the following is it essential
Q15: Suppose you are prepared to invest $60,000
Q16: Which of the following is the LEAST
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