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I want to know the answer of the these are four questions ! e. Why don't Weis Markets' nancial statements measure all elements at their

I want to know the answer of the these are four questions !

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e. Why don't Weis Markets' nancial statements measure all elements at their market, or fair, values? Analysis f. For this question, refer only to the December 28, 2013, nancial statements of Weis Markets. i. What is the net book value of Weis Markets, Inc. (the company, not the individual assets or liabilities) at December 28, 2013'? What does this amount represent? ii. Which of Weis's individual asset and liability accounts most likely have fair values that differ signicantly from the book values recorded on the balance sheet? What accounting principles give rise to these differences? iii. Assume that the market value of the company's inventories is $79,022 (in thousands) higher than its book value. Further, included under property and equipment, net is land valued at an historic cost of $97,906 (in thousands). Recent real estate appraisals indicate that the land may be worth as much as $200,000 (in thousands). Also, assume Weis Markets has entered into long- term leases for some of its stores. A review of those leases suggests that they are very favorable to the company. In other words, the company is leasing assets at below market rates. The fair value of those favorable leases is estimated to be $4,500 (in thousands). Finally, assume that all other amounts recorded on the balance sheet approximate their fair values. Based on your restated balance sheet, what is the fair value of Weis Markets, Inc.'s net assets at December 28, 2013? iv. Compare your responses to parts f i. (net book value) and f iii. (fair value of net assets). Why are these amounts different? What does the difference represent? g. One way that nancial analysts approximate the value of a company is by applying a \"multiple" to the company's net income. This multiple is commonly known as the price~earnings (or PE) multiple. It is

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