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8. Which of the following would not be used as a summary performance measure when using market iples to determine value? Stock price Net operating

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8. Which of the following would not be used as a summary performance measure when using market iples to determine value? Stock price Net operating assets C) Net operating profit after tax D) Book value 9. Foraker Products is a manufacturer and distributor of numerous food products. The company has a book value of $22.98 per share. Foraker Products is part of the food processing industry which has an industry PB ratio of 2.15 Using industry information, estimate the intrinsic value of Foraker Products' equity per share? A) $ 8.91 B) $41.17 C) $17.81 $49.41 10. Nova Components is a manufacturer of computer parts. The company has a book value of $2,417,762. Nova Components is In addition the company has 402,500 common shares issued and outstanding. part of the computing industry which has an industry PB ratio of 6.10. Using industry information, estimate the intrinsic value of Nova Components' equity per share? $11.11 B) $36.64 )$67.74 D) $30.53 11. Given the following information for Hopkins Company, determine the company's theoretically correct PB ratio: Net Operating Assets Owners' Equity RNOA ROE WACC Expected Growth rate in ROPI $295 $295 14% 14% 8% 4% A) 1.0 B) 2.0 C), 2.2 2.5

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