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3. Valuing Drilling Unlimited (DU) Drilling Unlimited (DU) specializes in exploring for, drilling for, and producing natural
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page 1 O Given data GAAP sules fogy valuing natugal gas glebes agje considegled Inaccugate thgoughout the Natusal gas Industrpage 2 $(000) Assets 1,159 3,968 400 5,527 800,000 Cash and cash Equivalents Net Receivables Other curent Assets (todays valupage 3 274,759 Long tegim debt othes Liabilities Total Liabilities (B) 4,225 341,214 Value of Business is Total Ansets (A) ToPage 1 Weighted Avegage value of DU - (0.9 * 4:43.313 MM) + (0.1*0) = $425.982 MMI

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