Question: This information is for the next three questions about NVR Inc. NVR Inc. (NVR) builds and sells single family homes to first-time homebuyers and empty-nester

This information is for the next three questions about NVR Inc. NVR Inc. (NVR) builds and sells single family homes to first-time homebuyers and empty-nester downsizing homebuyers. The firm's Inventory consists of houses being constructed and completed, and for-sale homes. Consider this additional information for the firm: Shares outstanding: 5,500,000. Price per share $1.23 Latest Balance Sheet (GAAP) Cash 750,000 Inventory 2,500,000 Other Current Assets 125,000 Net PPE 625,000 Total Assets 4,000,000 Total Current Liabilities 650,000 Pension Obligations 100,000 Long term debt 260,000 1,010,000 Total Liabilities Equity (GAAP) 2,990,000 As an awesome analyst, you estimate that the market value (sale price) of NVR's Inventory is $3,500,000, and the market value of its Other Current Assets is zero. You believe that the rest of NVR's assets, as reported on the Balance sheet, are roughly equal to their market values. You estimate that NVR's brand names -- Ryan Homes and Heartland Homes -- could be sold for a total of 900,000. What is your estimate for the intrinsic or true value of NVR to owners? Round your answer to zero decimal places
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