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All information should be provided. thank you fir your help Laiho Industries's 2020 and 2021 balance sheets (in thousands of doliars) are shown. Lalho Industries:

All information should be provided. thank you fir your help
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Laiho Industries's 2020 and 2021 balance sheets (in thousands of doliars) are shown. Lalho Industries: Balance Sheets as of December 31 f thoueande af dallanel The data has been collected in the Microseft Excel file below. Download the spreadsheet and perform the required analysis to answer the questions below. Do not round intermediate calculations. Enter your answers in thousands. For example, an answer of $1 thousand should be entered as 1 , not, 1,000. Round your answers to the nearest whole number Use a minus sign to enter negative values, if any. a. Sales for 2021 were $474,650,000, and EBITDA was 14% of sales. Furthermore, depreciation and amortization were 17% of net fixed assets, Interest was $8,190,000, the corporate tax rate was 25%, and Laiho pays 47.25% of its net income as dividends. Given this information, construct the firm's 2021 income statement. Lalho Industries: Income Statement for Year Ending December 31,2021 (thousands of dollars) Construct the statement of stockholders' equity for the year ending December 31, 2021, and the 2021 statement of cash flows. Hint: The difference in accumulated depreclation from one year to the next is the annual depreclation expense for the year. Lalho Industries: Statement of Stockholders' Equity, December 31, 2021 (thousands of dollars) Laiho Industries: Statement of Cash Flows for 2021 (thousands of dollars) c. Calculate 2020 and 2021 net operating working capital (NOWC) and 2021 free cash flow (FCF). Assume the firm has no excess cash. NOWC 2020:$ NOWC 2021:$ thousand FCF2021 : $ thousand d. If Laiho increased its dividend payout retio, what effect would this have on corporate taxes paid? What effect would this have an taxes paid by the company's shareholders? If Laino increased its dividend payout ratio, the firm would pay corporate taxes and the company's shareholders would poy taxes on the dividends they would receive. e. Assume that the firm's after-tax cost of capital is 9.5%. What is the firm's 2021 EVA? 5 thousand f. Assume that the firm's stock price is $21 per share and that at year-end 2021 the firm has 10 million shares outstanding. What is the firm's MVA c. Calculate 2020 and 2021 net operating working capital (NOWC) and 2021 free cash ffow (FCF). Assume the firm has no excess cash. NOWC2020:$NOWC2021:$thousandthousand FCF2021:$2 thousand d. If Laiho increased its dividend payout ratio, what effect would this have on corporate taxes paid? What effect would this have on taxes paid by th company's shareholders If Laiho increased its dividend payout ratio, the firm would pay corporate taxes and the company's shareholders would pay taxes on the dividends they would receive. e. Assume that the firm's after-tax cost of capital is 9.5\%. What is the firm's 2021 EVA? $ thousand f. Assume that the firm's stock price is $21 per share and that at year-end 2021 the firm has 10 milion shares outstanding. What is the firm's MVA at year-end 2021? $ thousand

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