ABC company has NOA of $23,046. Its comparable companies show the following financial data: Company Operating value NOA LBJ $29,828 $18,923 MLK $34,277 $26,449 NDR $20,932 $14,702 What is ABC company's operating value? Assume an equally weighted average is used in the multiple method.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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ABC company has NOA of $23,046. Its comparable companies show the following financial
data:
Company
Operating value
NOA
$23,046
$29,828
$32.956
LBJ
$36412
$29,828
$18,923
MLK
$34,277
$26,449
NDR
$20,932
What is ABC company's operating value? Assume an equally weighted average is used in the
multiple method.
$14,702
Transcribed Image Text:ABC company has NOA of $23,046. Its comparable companies show the following financial data: Company Operating value NOA $23,046 $29,828 $32.956 LBJ $36412 $29,828 $18,923 MLK $34,277 $26,449 NDR $20,932 What is ABC company's operating value? Assume an equally weighted average is used in the multiple method. $14,702
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