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Assets Cash and equivalents Accounts receivable Inventories Total current assets Net plant and equipment Total assets Liabilities and Equity Accounts payable Accruals Notes payable Total
Assets Cash and equivalents Accounts receivable Inventories Total current assets Net plant and equipment Total assets Liabilities and Equity Accounts payable Accruals Notes payable Total current liabilities Long-term bonds Total liabilities Common stock (4,000 shares) Retained earnings Common equity Total liabilities and equity 2019 $ 15,000 30,000 25,345 $ 70,345 47,000 $117,345 $ 10,200 7,700 6,500 $ 24,400 10,000 $ 34,400 50,000 32,945 $ 82,945 $117,345 2018 $ 13,000 20,000 18,000 $ 51,000 45,000 $96,000 $ 8,500 5,000 5,400 $ 18,900 10,000 $ 28,900 50,000 17,100 $ 67,100 $96,000 Income Statement for Year Ending December 31, 2019 Sales Operating costs excluding depreciation and amortization EBITDA Depreciation & amortization EBIT Interest EBT Taxes (25%) Net income Dividends paid $226,000 180,000 $ 46,000 3,000 $ 43,000 5,900 $ 37,100 9,275.00 27,825.00 11,980.00 Statement of Stockholders' Equity, 2019 Common Stock Amount Balances, 12/31/18 4,000 million 50,000 million million 2019 Net Income million million million Cash Dividends Addition to retained earnings million Balances, 12/31/19 4,000 million 50,000 million $ million million d. What was Arlington's 2019 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 2019? Assume that its stock price at December 31, 2019 was $25. Round your answer to the nearest cent. million tA Shares Retained Earnings Total Stockholders' Equity $
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