Question: Using the chop-shop approach, assign a value for the Calvert Corporation, where its common stock is currently trading at a total market price of SS

 Using the chop-shop approach, assign a value for the Calvert Corporation,

Using the chop-shop approach, assign a value for the Calvert Corporation, where its common stock is currently trading at a total market price of SS million. For Calvert, the account- ing data set forth rwo business segments: auto sales and auto specialties. Data for the firm's two segments are as follows BUSINESS SEGMENT Auto sales Auto specialties Total SEGMENT SALES ($000) $3,000 SEGMENT ASSETS ($000) $1,000 3,000 $4,000 SEGMENT NCOME (5000) $150 2,500 SS,500 500 $650 Industry data for "pure-play firms have been compiled and are summarized as follows: BUSINESS SEGMENT Auto sales Auto specialties CAPITALIZATION SALES CAPITALIZATION ASSETS CAPITALIZATION OPERATING INCOME 18.00 8.00 1.40 3.20 .80 .90 Required: a. Compute market value of each business segments and market value of whole company b. Comment you computation and make appropriate recommendation about corporate restructuring

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