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It is December 2020 and you are examining the financial statements of Baxter Industries (see below). You know that the company has 9 million shares

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It is December 2020 and you are examining the financial statements of Baxter Industries (see below). You know that the company has 9 million shares outstanding and a current share price of $28. You also know that all of its cash is excess cash and that it has a marginal tax rate of 25%. What is the Enterprise Value of Baxter Industries for 2020? Select the best answer. Assets Cash & Short-Term Investments Accounts Receivable Inventory Other Current Assets Total Current Assets Balance Sheet (in S-millions) 2020 Liabilities $10.00 Accounts Payable $49.00 Short-Term Debt $25.00 Current Maturities of Long-Term Debt $4.00 Other Current Liabilities $88.00 Total Current Liabilities 2020 $10.00 $35.00 $20.00 $9.00 $74.00 Property, Plant & Equipment $180.00 Long-Term Debt Less Accumulated Depreciation ($60.00) Capital Lease Obligations Net Property, Plant & Equipment $120.00 Total Debt $120.00 $0.00 $120.00 Goodwill & Intangible Assets Other Long-Term Assets $18.00 Deferred Taxes $23.00 Other Long-Term Liabilities ($12.00) $22.00 Total Liabilities $204.00 Shareholders' Equity $45.00 $249.00 Total Liabilities and Shareholders' Equity $249.00 Total Assets OI. $180 million O II. $427 million O III. $252 million O IV. $210 million O V. $417 million

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