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Reflator- December 2005

This topic has 1 reply, 2 voices, and was last updated 7 years ago by John Moffat.

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November 18, 2017 at 8:44 pm #416509
Nirrvan
Member
- Topics: 2
- Replies: 11
Hello John,
How is the value of 800,000 as book value of equity arrived at?
This is nowhere to be found in the question but same in found as part of the answer.
November 19, 2017 at 9:42 am #416579
John Moffat
Keymaster
- Topics: 57
- Replies: 54478
The question says equity from management is 500,000 and equity from venture capital is 300,000. The total is 800,000 🙂
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