**Please show ALL work and ALL calculations**

Caluclate market value ratios.

Provide A three-year ratio analysis is the minimum expectation.

WHat is the overall trend assessment of the company?

Calculate the WACC

Cash FLow STatement

(In Thousands) (USD)
	2015	2014	2013	2012	2011
Cash from Operations	1,430,000	1,224,000	1,140,000	989,000	1,089,000
Cash from Investing	367,000	(313,000)	(519,000)	(585,000)	(247,000)
Cash from Financing	(1,805,000)	(933,000)	(583,000)	(418,000)	(1,245,000)
Capital Expenditures	305,000	411,000	404,000	437,000	183,000
Cash Flow per Share	5.24	4.12	3.74	2.97	3.01
Cash & Cash Equivalents, Beginning of Year	104,000	126,000	88,000	102,000	505,000
Cash & Cash Equivalents, End of Year	96,000	104,000	126,000	88,000	102,000

(In Thousands) (USD)
Income Statement	2015	2014	2013	2012	2011
Total Revenue	14,486,000	13,796,000	12,784,000	11,814,000	12,317,000
EBITDA	1,509,000	1,302,000	1,106,000	1,075,000	646,000
Operating Income	1,350,000	1,159,000	988,000	940,000	526,000
Net Income	859,000	753,000	626,000	571,000	198,000
Revenue per Share	54.19	47.59	41.57	36.72	35.28
EPS from Continuing Operations	3.15	2.54	2.00	1.72	0.55
EPS - Net Income - Diluted	3.15	2.54	2.00	1.72	0.55
Share Outstanding	256,300	279,900	298,000	310,900	333,000
Weighted Average Shares Outstanding - Basic	267,300	289,900	305,000	322,600	350,100
Weighted Average Shares Outstanding - Diluted	272,800	296,800	305,000	332,900	362,300
Earnings per Share - Basic	3.22	2.60	2.05	1.77	0.56

Balance Sheet

2015	2014	2013	2012	2011
Total Assets	6,082,000	6,865,000	6,794,000	6,342,000	5,910,000
Current Assets	1,384,000	1,921,000	1,903,000	1,475,000	1,324,000
Total Liabilities	9,672,000	9,065,000	8,209,000	7,627,000	6,691,000
Long Term Debt	3,807,000	3,457,000	3,147,000	2,528,000	1,816,000
Stockholders' Equity	(3,590,000)	(2,200,000)	(1,415,000)	(1,285,000)	(781,000)
Total Assets per Share	23.73	24.53	22.80	20.40	17.75
Current Liabilities	3,233,000	3,060,000	2,675,000	2,773,000	2,558,000
Net Assets per Share	(14.01)	(7.86)	(4.75)	(4.13)	(2.35)

Dividend info

Declared	Ex-Date	Record	Payable	Amount	Type
Feb 10, 2017	Feb 22, 2017	Feb 24, 2017	Mar 31, 2017	0.3000	U.S. Currency
Total dividends in 2017:				0.3000
Nov 10, 2016	Nov 21, 2016	Nov 24, 2016	Dec 30, 2016	0.3000	U.S. Currency
Sep 13, 2016	Sep 21, 2016	Sep 23, 2016	Sep 30, 2016	0.3000	U.S. Currency
May 6, 2016	May 18, 2016	May 20, 2016	Jun 30, 2016	0.3000	U.S. Currency
Feb 11, 2016	Feb 23, 2016	Feb 25, 2016	Mar 31, 2016	0.2500	U.S. Currency
Total dividends in 2016:				1.1500
Nov 5, 2015	Nov 17, 2015	Nov 19, 2015	Dec 28, 2015	0.2500	U.S. Currency
Aug 6, 2015	Aug 18, 2015	Aug 20, 2015	Sep 25, 2015	0.2500	U.S. Currency
May 8, 2015	May 20, 2015	May 22, 2015	Jun 26, 2015	0.2500	U.S. Currency
Feb 12, 2015	Feb 25, 2015	Feb 27, 2015	Mar 27, 2015	0.2000	U.S. Currency
Total dividends in 2015:				0.9500
Nov 6, 2014	Nov 18, 2014	Nov 20, 2014	Dec 26, 2014	0.2000	U.S. Currency
Aug 7, 2014	Aug 19, 2014	Aug 21, 2014	Sep 26, 2014	0.2000	U.S. Currency
May 9, 2014	May 21, 2014	May 23, 2014	Jun 27, 2014	0.2000	U.S. Currency
Feb 14, 2014	Feb 26, 2014	Feb 28, 2014	Mar 28, 2014	0.1700	U.S. Currency
Total dividends in 2014:				0.7700
Nov 7, 2013	Nov 19, 2013	Nov 21, 2013	Dec 27, 2013	0.1700	U.S. Currency
Aug 8, 2013	Aug 20, 2013	Aug 22, 2013	Sep 27, 2013	0.1700	U.S. Currency
May 10, 2013	May 22, 2013	May 24, 2013	Jun 28, 2013	0.1700	U.S. Currency
Feb 15, 2013	Feb 27, 2013	Mar 1, 2013	Mar 29, 2013	0.1300	U.S. Currency
Total dividends in 2013:				0.6400
Nov 8, 2012	Nov 20, 2012	Nov 23, 2012	Dec 28, 2012	0.1300	U.S. Currency
Aug 9, 2012	Aug 21, 2012	Aug 23, 2012	Sep 14, 2012	0.1300	U.S. Currency
May 4, 2012	May 16, 2012	May 18, 2012	Jun 22, 2012	0.1300	U.S. Currency
Feb 10, 2012	Feb 22, 2012	Feb 24, 2012	Mar 30, 2012	0.1000	U.S. Currency
Total dividends in 2012:				0.4900
Nov 10, 2011	Nov 25, 2011	Nov 29, 2011	Jan 6, 2012	0.1000	U.S. Currency
Aug 4, 2011	Aug 16, 2011	Aug 18, 2011	Sep 16, 2011	0.0955	U.S. Currency
May 6, 2011	May 18, 2011	May 20, 2011	Jun 24, 2011	0.0955	U.S. Currency
Feb 11, 2011	Feb 23, 2011	Feb 25, 2011	Apr 1, 2011	0.0836	U.S. Currency