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Given the following (fake) financial statements calculate EV/EBIT multiple for the firm. Additionally the firm is currently trading at $57.61, has an EPS of $0.15,

Given the following (fake) financial statements calculate EV/EBIT multiple for the firm. Additionally the firm is currently trading at $57.61, has an EPS of $0.15, and a Market cap of $976,634,398.

Balance Sheet

Prior Year Current Year
Cash 6,293,018 4,680,692
Accounts Receivable 426,960 591,491
Inventory 4,908,459 6,470,422
Current Assets 6,293,018+426,960+4,908,459 4,680,692+591,491+6,470,422
PP&E, net 18,106,282 21,099,084
Goodwill 4,376,906 5,326,744
Other assets 434,802 585,139
Accounts Payable 647,128 634,068
Short term portion of debt 1,283,508 667,286
Deferred Dividends 6,600,194 2,971,396
Current Liabilities 647,128+1,283,508+6,600,194 634,068+667,286+2,971,396
Long Term debt 49,135,344 46,692,271
Shareholder's Equity (3,079,010 shares outstanding for prior year; 11,675,523 shares outstanding for current year) 61,749,298 58,594,469

Income Statement

Prior Year Current Year
Revenue

27,892,296

32,784,485
CoGS 15,648,218 21,107,672
SG&A expenses 4,107,575 5,659,581
Operating Income ?? ??
Interest Expense 150,366 222,825
Income Taxes Paid 530,517 585,291

Statement of Cash Flows

Prior Year Current Year
Cash Flow from Operating
Net Income 2,471,248 2,000,039
Depreciation 356,963 415,850
Amortization 83,563 70,234
Loss/Gain on sale of PP&E 1,263,254 134,147
Cash Flow from Investing
Capital Expenditures 4,114,863 8,859,179
Proceeds from sale of PP&E 228,881,754 201,661,245
Cash Flow from Financing
Dividends to Shareholders 4,565,761 5,889,694
Repurchase of Shares 15,092,584 1,221,081

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