document.write( "Question 1204705: Lisa started a business 8 years ago with an initial investment of $250,000. It is now worth 6 times that amount. How much of her company can she sell and still be the majority owner? \n" ); document.write( "

Algebra.Com's Answer #841168 by ikleyn(52798) $\"\"$ $\"About$

You can put this solution on YOUR website!
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\n" ); document.write( "\n" ); document.write( "I am not a business person and never learned business at university.\r
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\n" ); document.write( "\n" ); document.write( "But my \"naive\" suggestion is as follows:\r
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document.write( "    After 8 years of successful functioning, Lisa's business is worth 6 times $250,000, i.e. $1,500,000.\r\n" );
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document.write( "    It means that the company's shares cost now $1,500,000, in total.\r\n" );
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document.write( "    So, she could keep more than half in her possession and to sell the rest,\r\n" );
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document.write( "    still remaining a major owner.\r\n" );
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\n" ); document.write( "\n" ); document.write( "If even me, without having any special education in the area, can solve this problem,\r
\n" ); document.write( "\n" ); document.write( "it means that its level of complexity is as 2 x 2 = 4, and everybody can solve it.\r
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\n" ); document.write( "\n" ); document.write( "Do not understand, for what reason it was posted to the forum. \r
\n" ); document.write( "\n" ); document.write( "Only a smallest drop of common sense is needed for solving.\r
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