Question: 14. The following table provides summary information for Max Corp. and its competitors Bernhard, Inc. and Eva Co. Use the information to compute the net
14. The following table provides summary information for Max Corp. and its competitors Bernhard, Inc. and Eva Co. Use the information to compute the net income multiple for Bernhard and Eva. In addition, using Bernhard and Eva as comparables, compute Maxs equity intrinsic value and equity intrinsic value per share. Max Bernhard Eva Company assumed value $667,964 $948,663 Equity assumed value 408,990 805,408 NOPAT $140,584 65,456 102,841 Net income 138,024 60,304 97,853 Net nonoperating obligations 215,648 258,974 143,255 Common shares outstanding 13,289 15,584 5,745
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