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According to the video, which of the following formulas correctly describes the relationship between net income (ND), Eb), and the tax rate (t) ? EBT=NI(1t)EBT=NItEBT=NI+(1t)EBT=INI

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According to the video, which of the following formulas correctly describes the relationship between net income (ND), Eb), and the tax rate (t) ? EBT=NI(1t)EBT=NItEBT=NI+(1t)EBT=INI Plugging in $15 miltion for NI and 20.00% in for f into the previous formula yieids an EBT of $ mullion c. Construct Arlington's 2021 statement of stockholders' equity. d. What was Arlington's 2021 EVA? Assume that its after-tax cost of capital is 10\%. Round your answer to the nearest cent. e. What was Arlington's MVA at year-end 2021 ? Assume that its stock price at December 31, 2021 was $25. Round your answer to the nearest cent: 5 million Enter your answers in millions. For example, an answer of $25,000,000,000 should be entered as 25,000 . Round your answers to the nearest whole nur if necessary, a. What was net operating working capital for 2020 and 2021 ? Assume that all cash is excess cash; t.e., this cash is not needed for operating purposes: 2020520215milionmilion b. What was Artington's 2021 free cash flow

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