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Given the following (fake) financial statements calculate the Depreciation Shield for the firm for the current year. Additionally the firm is currently trading at
Given the following (fake) financial statements calculate the Depreciation Shield for the firm for the current year. Additionally the firm is currently trading at $217.9, has an EPS of $2.16, and a Market cap of $898,172,551. Balance Sheet Prior Year Cash 6,876,294 Current Year 5,785,387 Accounts 426,192 566,352 Receivable Inventory 4,148,238 5,362,378 Current 6,876,294+426,192+4,148,238 5,785,387+566,352+5,362,378 Assets PP&E, net 22,879,623 18,083,907 Goodwill 4,894,425 5,489,223 Other assets 394,897 553,782 Accounts 722,804 278,607 Payable Short term portion of 1,443,859 354,134 debt Deferred 6,438,277 2,547,966 Dividends Current 722,804+1,443,859+6,438,277 278,607+354,134+2,547,966 Liabilities Long Term 27,147,391 34,495,356 debt
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