Cite
177 Wis. 2d 387, 501 N.W.2d 916 (WI Ct. App., 1993)
Summary
Accepting Bonfield’s valuation of canning business not clearly erroneous. Bonfield used weighted average earnings record and used net book value to calculate the asset value. Bonfield used a publicly traded corporation as a comparable enterprise for a multiplier for earnings. Bonfield also used a 20% premium because of husband’s controlling interest and a 20% discount for reduced marketability.
[ Full Opinion ]