Pirate Co.is for sale.The company has recognized $50,000 in profits every year since it began three years ago.The industry has a capitalization rate of 25%.What is the value of Pirate?
A)$50,000
B)$150,000
C)$200,000
D)$600,000

Name: Pirate Co.is for sale.The company has recognized $50,000 in profits every year since it began three years ago.The industry has a capitalization rate of 25%.What is the value of Pirate? A)$50,000 B)$150,000 C)$200,000 D)$600,000
Brand: Quizplus
Rating: 4.8 (37 reviews)

Question

Quizplus · Accepted Answer

The Answer is C

Pirate CoIs for Sale