The balance sheet for Yaphuto Research Inc. is as follows:

Required:
Estimate the price for Yaphuto shares using the following three methods:
(a) Net book value method
(b) Liquidation method
(c) Replacement cost method.

Transcribed Image Text:

Yaphuto Research Inc. Balance Sheet as at December 31, 2010 (in $ thousands) Current assets Property, plant, and equipment Total assets Current liabilities Long-term liabilities (loans) Total liabilities Shareholders' equity Common shares Retained earnings Total shareholders' equity Total liabilities and shareholders' equity 250 283 35 50 85 150 48 198 283