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Use the below information to answer questions This year, Company LMK has an operating income (EBIT) of $3,544,000,000 and has an effective tax rate of
Use the below information to answer questions This year, Company LMK has an operating income (EBIT) of $3,544,000,000 and has an effective tax rate of 25%. The firm reported $1,800,000,000 in capital expenditures, an increase of $778,000,000 in non-cash working capital, and $1,714,000,000 in depreciation expense. The expected long term growth rate for the company is 3.50%. The company's cost of capital is 12.05%. The company's current market capitalization (equity) is $21,982,000,000. The company's market value of debt is $5,519,000,000. The company has $1,557,000,000 in cash. and ts tre. CrrmPanj over Valus el, undervalued ? ov
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