SOLUTION Our scope of work included a complex multistep engagement that was specifically designed to meet our client’s needs. The first step of our analysis was to make a determination of the business enterprise value of the company using the income and market approaches under a going concern premise of value. As part of this analysis, we assessed historical operating and financial results of the company in order to gain an understanding of the business, evaluated the industry in which the company operates, and developed long-term financial projections for the business in order to determine the viability of the business as a going concern given the expected outlook for the business and industry. Within the income approach, we considered a base case scenario reflecting the client

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