ink Corporation for the last five years earned and had average revenues of P6,000,000 annually. The expenses every year is about P5,000,000. Using 4% cost of capital, what will be the minimum selling price assuming Pink Corporation will sell 20% of its shareholdings?

ink Corporation for the last five years earned and had average revenues of P6,000,000 annually. The expenses every year is about P5,000,000. Using 4% cost of capital, what will be the minimum selling price assuming Pink Corporation will sell 20% of its shareholdings?

EBK CONTEMPORARY FINANCIAL MANAGEMENT

14th Edition

ISBN:9781337514835

Author:MOYER

Publisher:MOYER

Chapter2: The Domestic And International Financial Marketplace

Section2.A: Taxes

Problem 6P

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Question

Pink Corporation for the last five years earned and had average revenues of P6,000,000 annually. The expenses every year is about P5,000,000. Using 4% cost of capital, what will be the minimum selling price assuming Pink Corporation will sell 20% of its shareholdings?

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