You are calculating the implied share price for Urban Outfit…

You are calculating the implied share price for Urban Outfitters. Using an average forward multiple of 11.8x from the above comp set, you determine that Urban Outfitters’ implied enterprise value is $15,000.0 million. What is Urban Outfitters’ implied share price, assuming the following from the company’s financials: Excess cash = $500 million Liquid financial investments = $50 million Debt = $3,200 million Preferred stock = $100 million Non-controlling interest = $28 million Fully-diluted shares outstanding = 63 million  

After reading Tapestry’s 10-K, you find the following disclo…

After reading Tapestry’s 10-K, you find the following disclosure Note 5 on p. 78:   “the company incurred $226.6 million in pre-tax expenses related to financing-related expenses and professional fees” in relation to the Capri Acquisition.    Using the company’s financials, what was Tapestry’s EBIT for the year ended June 2024?