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Given the following (fake) financial statements calculate the dividend yield for the firm. Additionally the firm is currently trading at $178.44, has an EPS of
Given the following (fake) financial statements calculate the dividend yield for the firm. Additionally the firm is currently trading at $178.44, has an EPS of $4.64, and a Market cap of $395,969,333.
Balance Sheet
Prior Year | Current Year | |
Cash | 4,707,559 | 4,796,356 |
Accounts Receivable | 523,672 | 405,937 |
Inventory | 4,518,803 | 2,890,633 |
Current Assets | 4,707,559+523,672+4,518,803 | 4,796,356+405,937+2,890,633 |
PP&E, net | 22,436,562 | 29,113,581 |
Goodwill | 5,225,325 | 4,568,741 |
Other assets | 362,344 | 593,359 |
Accounts Payable | 778,155 | 933,207 |
Short term portion of debt | 894,599 | 401,717 |
Deferred Dividends | 5,499,571 | 2,764,384 |
Current Liabilities | 778,155+894,599+5,499,571 | 933,207+401,717+2,764,384 |
Long Term debt | 40,955,084 | 51,938,507 |
Shareholder's Equity (9,289,994 shares outstanding for prior year; 5,400,255 shares outstanding for current year) | 50,958,143 | 49,212,333 |
Income Statement
Prior Year | Current Year | |
Revenue | 27,564,490 | 28,049,856 |
CoGS | 19,511,032 | 22,506,719 |
SG&A expenses | 3,358,069 | 3,056,839 |
Operating Income | ?? | ?? |
Interest Expense | 144,583 | 202,553 |
Income Taxes Paid | 445,576 | 592,829 |
Statement of Cash Flows
Prior Year | Current Year | |
Cash Flow from Operating | ||
Net Income | 2,147,540 | 1,819,210 |
Depreciation | 463,161 | 609,039 |
Amortization | 105,676 | 35,374 |
Loss/Gain on sale of PP&E | 1,446,084 | -1,110,790 |
Cash Flow from Investing | ||
Capital Expenditures | 4,244,507 | 7,431,267 |
Proceeds from sale of PP&E | 211,734,160 | 239,058,974 |
Cash Flow from Financing | ||
Dividends to Shareholders | 4,872,435 | 7,600,016 |
Repurchase of Shares | 16,408,833 | 1,170,659 |
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