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Arlington Corporation's financial statements (dollars and shares are in millions) are provided here. Arlington Corporation's financial statements (dollars and shares are in millions) are provided
Arlington Corporation's financial statements (dollars and shares are in millions) are provided here.
Arlington Corporation's financial statements (dollars and shares are in millions) are provided here. a. What was net operating working capital for 2020 and 2021 ? Assume that all cash is excess cash; i.e., this cash is not needed for operating purposes. 2020$2021$millionmillion b. What was Arlington's 2021 free cash flow? $ million 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. \$ million 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. \$ millionStep by Step Solution
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