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Your uncle is offering to sell you his T-shirt printing business for $1M. You think a multiple of 10X earnings (profit) is fair. His earnings are $69,000 per year. Should you bu…

Your uncle is offering to sell you his T-shirt printing business for $1M. You think a multiple of 10X earnings (profit) is fair. His earnings are $69,000 per year. Should you bu…
asked 47.2k views
5 votes
Your uncle is offering to sell you his T-shirt printing business for $1M. You think a multiple of 10X earnings (profit) is fair. His earnings are $69,000 per year. Should you buy it?

a) Yes
b) No

asked
User Yajneshwar Mandal
by
7.9k points

1 Answer

2 votes

Answer:no !

Explanation:

answered
User Aksamit
by
8.0k points
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