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4. DCF. You are tasked with estimating the price per share of Kimberly Clark. For the 2016 fiscal year, the company had EBIT of $3.328
4. DCF. You are tasked with estimating the price per share of Kimberly Clark. For the 2016 fiscal year, the company had EBIT of $3.328 billion, interest expense of $0.319 billion, and an income tax rate of 35%. Depreciation amounted to $0.705 billion and Capex was $0.771 billion. From the balance sheet, you note the following about working capital:
|
| 12/31/2016 | 12/31/2015 |
| Receivables | $2.176 | $2.281 |
| Inventory | $1.679 | $1.909 |
| Payables | $4.713 | $4.680 |
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