The following table provides summary data for Target Corp. and its competitors, Kohls Corp. and Walmart Stores Inc. (in millions) Target Kohl's Wal-Mart Company assumed value -- $13,487 $322,123 Equity assumed value -- $10,922 $272,541 Net operating assets $22,640 $8,092 $122,082 Book value of equity $11,300 $5,527 $ 72,500 Net nonoperating obligations (assets) $11,340 $2,565 $49,582 Common shares outstanding 510.9 shares 159.0 shares 2,844.0 shares Calculate the following: Round company intrinsic value and equity intrinsic value to the nearest million. Round equity intrinsic value to the nearest cent. Company intrinsic value $Answer million Equity intrinsic value $Answer million Equity intrinsic value per share $Answer (c) Compute the PB ratio for both Kohl's and Wal-Mart. Round your answers to two decimal places. Kohl's Answer Wal-Mart Answer (d) Use Kohl's and Wal-Mart as comparables, along with the PB ratios from part (c), and then estimate for Target its equity intrinsic value and its equity intrinsic value per share. Round the equity intrinsic value to the nearest million and the value per share to the nearest cent. Average of the two rounded ratios in (c) above Answer (Round to two decimal places.) Use the rounded average calculated above to calculate the following: Equity intrinsic value $Answer million Equity intrinsic value per share $Answer