Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

CVS fin millions) Company assumed value. Equity assumed value Net operating assets Book value of equity... Net nonoperating obligations (assets) Common shares outstanding. $15,189 $

image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed

CVS fin millions) Company assumed value. Equity assumed value Net operating assets Book value of equity... Net nonoperating obligations (assets) Common shares outstanding. $15,189 $ 9,918 $ 5,271 826 shares Walgreens Longs Drug Stores $44,483 $1,995 $43,604 $1,870 $11,983 $ 941 $11,104 $ 816 $ 879 $ 125 991 shares 37.4 shares Compute the price to net operating assets ratio for both Walgreens and Longs Drug Stores. Select one: O A. Walgreens: 3.7 O B. Walgreens: 4.6 O C. Walgreens: 2.9 D. Walgreens: 3.9 Longs: 2.1 Longs: 2.7 Longs: 1.3 Longs: 1.5 Use Walgreens and Longs Drug Stores as comparables, along with the price to NOA ratios of 3.7 for Walgreens and 2.1 for Longs Drug Store, and then estimate CVS's equity intrinsic value per share. Select one: O A. $36 O B. $52 O C. $47 O D. $63 Compute the price to NOPAT ratio for both Walgreens and Longs Drug Stores. Select one: o A. Walgreens: 27.6 o B. Walgreens: 21.3 O C. Walgreens: 35.1 O D. Walgreens: 23.6 Longs: 30.5 Longs: 24.8 Longs: 26.7 Longs: 32.7 Use Walgreens and Longs Drug Stores as comparables, along with the price to NOPAT ratios of 21.3 for Walgreens and 24.8 for Longs Drug Store, and then estimate CVS's equity intrinsic value per share. Select one: A. $51 B. $42 O C. $35 O D. $53 Use Walgreens and Longs Drug Stores as comparables, along with the price to net income ratios of 21.4 for Walgreens and 25.1 for Longs Drug Store, and then estimate CVS's equity intrinsic value per share. Select one: O A. $38 O B. $42 O C. $52 D. $35 Use Walgreens and Longs Drug Stores as comparables, along with the price to NOA ratios of 3.7 for Walgreens and 2.1 for Longs Drug Store, and then estimate CVS's company intrinsic value. Select one: o A. $55,440 O B. $44,048 C. $31,897 D. $41,010 Compute the PB ratio for both Walgreens and Longs Drug Stores. Select one: O A. Walgreens: 3.3 O B. Walgreens: 4.2 O C. Walgreens: 2.6 O D. Walgreens: 3.9 Longs: 3.1 Longs: 2.7 Longs: 1.8 Longs: 2.3 Use Walgreens and Longs Drug Stores as comparables, along with the price to NOPAT ratios of 21.3 for Walgreens and 24.8 for Longs Drug Store, and then estimate CVS's company intrinsic value. Select one: O A. $42,084 O B. $46,196 0 C. $34,535 O D. $43,430 Compute the price to net income ratio for both Walgreens and Longs Drug Stores. Select one: O A. Walgreens: 31.5 o B. Walgreens: 23.6 O C. Walgreens: 19.5 O D. Walgreens: 21.4 Longs: 32.1 Longs: 28.2 Longs: 22.6 Longs: 25.1 CVS fin millions) Company assumed value. Equity assumed value Net operating assets Book value of equity... Net nonoperating obligations (assets) Common shares outstanding. $15,189 $ 9,918 $ 5,271 826 shares Walgreens Longs Drug Stores $44,483 $1,995 $43,604 $1,870 $11,983 $ 941 $11,104 $ 816 $ 879 $ 125 991 shares 37.4 shares Compute the price to net operating assets ratio for both Walgreens and Longs Drug Stores. Select one: O A. Walgreens: 3.7 O B. Walgreens: 4.6 O C. Walgreens: 2.9 D. Walgreens: 3.9 Longs: 2.1 Longs: 2.7 Longs: 1.3 Longs: 1.5 Use Walgreens and Longs Drug Stores as comparables, along with the price to NOA ratios of 3.7 for Walgreens and 2.1 for Longs Drug Store, and then estimate CVS's equity intrinsic value per share. Select one: O A. $36 O B. $52 O C. $47 O D. $63 Compute the price to NOPAT ratio for both Walgreens and Longs Drug Stores. Select one: o A. Walgreens: 27.6 o B. Walgreens: 21.3 O C. Walgreens: 35.1 O D. Walgreens: 23.6 Longs: 30.5 Longs: 24.8 Longs: 26.7 Longs: 32.7 Use Walgreens and Longs Drug Stores as comparables, along with the price to NOPAT ratios of 21.3 for Walgreens and 24.8 for Longs Drug Store, and then estimate CVS's equity intrinsic value per share. Select one: A. $51 B. $42 O C. $35 O D. $53 Use Walgreens and Longs Drug Stores as comparables, along with the price to net income ratios of 21.4 for Walgreens and 25.1 for Longs Drug Store, and then estimate CVS's equity intrinsic value per share. Select one: O A. $38 O B. $42 O C. $52 D. $35 Use Walgreens and Longs Drug Stores as comparables, along with the price to NOA ratios of 3.7 for Walgreens and 2.1 for Longs Drug Store, and then estimate CVS's company intrinsic value. Select one: o A. $55,440 O B. $44,048 C. $31,897 D. $41,010 Compute the PB ratio for both Walgreens and Longs Drug Stores. Select one: O A. Walgreens: 3.3 O B. Walgreens: 4.2 O C. Walgreens: 2.6 O D. Walgreens: 3.9 Longs: 3.1 Longs: 2.7 Longs: 1.8 Longs: 2.3 Use Walgreens and Longs Drug Stores as comparables, along with the price to NOPAT ratios of 21.3 for Walgreens and 24.8 for Longs Drug Store, and then estimate CVS's company intrinsic value. Select one: O A. $42,084 O B. $46,196 0 C. $34,535 O D. $43,430 Compute the price to net income ratio for both Walgreens and Longs Drug Stores. Select one: O A. Walgreens: 31.5 o B. Walgreens: 23.6 O C. Walgreens: 19.5 O D. Walgreens: 21.4 Longs: 32.1 Longs: 28.2 Longs: 22.6 Longs: 25.1

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Finance questions