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CERN MDRX MCK Company assumed value 0 1960 23685 Equity assumed value 0 1624 21268 Net operating assets 1484 1620 9487 Book value of equity

CERN MDRX MCK
Company assumed value 0 1960 23685
Equity assumed value 0 1624 21268
Net operating assets 1484 1620 9487
Book value of equity 2834 1284 7070
Net nonoperating obligations -1350 336 2417
Common shares outstanding 172.1 shares 172.4 shares 197.0 shares
A) Compute the PB ratio for both Allscripts Healthcare and McKesson
B) Use Allscripts Healthcare and McKesson as comparables, along with the PB ratios from part a. and then estimate for Cerner its equity intrinsic value and its equity intrinsic value per share.

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