Two of your friends own and operate a business that rents bicycles and inline skates at a local…

Two of your friends own and operate a business that rents bicycles and inline skates at a local lake. They have told you that they want to expand the business but are short of the money needed for the expansion and have asked you to become a partner by investing $8,000. Would you invest the $8,000? How would you decide? What additional information would you want to have before making a final decision?View Solution:
Two of your friends own and operate a business that

 

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