ten years ago Paul Moak Honda offered to buy Bob Boyte Honda for 500 million....
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ten years ago Paul Moak Honda offered to buy Bob Boyte Honda for 500 million. they offered 280 million down and the remaining balance at the end of year 1. paul moak's salary payments to the employees would be 2.5 million annually starting year 1 and continue throughout the ownership. today paul moak would only be able to sell Bob Boyte for a profit of 89 million. calculate paul moak's capital recovery and annual worth if they had made the deal at a MARR of 12%.
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