Balance Sheets as of December 31 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 \begin{tabular}{rrr} $10,900 & $8,000 \\ 7,700 & 6,000 \\ 6,700 & 5,050 \\ \hline$25,300 & $19,050 \\ 15,000 & 15,000 \\ \hline$40,300 & $34,050 \\ 50,000 & 50,000 \\ 46,525 & 30,950 \\ \hline$96,525 & $80,950 \\ \hline$136,825 & $115,000 \\ \hline \hline \end{tabular} Income Statement for Year Ending December 31, 2021 Sales Operating costs excluding depreciation and amortization EBITDA Depreciation \& amortization EBIT Interest EBT Taxes (25%) Net income $233,000190,000$43,0003,000$40,0001,850$38,1509,537.50$28,612.50 inter your answers in malliens. For example, an answer of $25,000,000,000 should be entered as 25,000, Round your answers to the nearest whole number, if necessary. a. What was net operating working capital for 2020 and 2021 ? Assume that all cash is excess cash; 1.e., this cash is not needed for operating purposes. 20205 mation 20215 milition b. What was Arlington's 2021 free cash flow? 5 milision c. Construct Arlington's 2021 statement of stockholders' equity. d. What was Arington's 2021 EVA? Assume thet its afteritax cost of capital is 10\%. Round your answer to the nearest cent. mition 6. What was Arlington's MVA at year-end 20217 Assume that its stock price at December 31, 2021 was 125. Round your answer to the nearest cent. 5 mution Balance Sheets as of December 31 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 \begin{tabular}{rrr} $10,900 & $8,000 \\ 7,700 & 6,000 \\ 6,700 & 5,050 \\ \hline$25,300 & $19,050 \\ 15,000 & 15,000 \\ \hline$40,300 & $34,050 \\ 50,000 & 50,000 \\ 46,525 & 30,950 \\ \hline$96,525 & $80,950 \\ \hline$136,825 & $115,000 \\ \hline \hline \end{tabular} Income Statement for Year Ending December 31, 2021 Sales Operating costs excluding depreciation and amortization EBITDA Depreciation \& amortization EBIT Interest EBT Taxes (25%) Net income $233,000190,000$43,0003,000$40,0001,850$38,1509,537.50$28,612.50 inter your answers in malliens. For example, an answer of $25,000,000,000 should be entered as 25,000, Round your answers to the nearest whole number, if necessary. a. What was net operating working capital for 2020 and 2021 ? Assume that all cash is excess cash; 1.e., this cash is not needed for operating purposes. 20205 mation 20215 milition b. What was Arlington's 2021 free cash flow? 5 milision c. Construct Arlington's 2021 statement of stockholders' equity. d. What was Arington's 2021 EVA? Assume thet its afteritax cost of capital is 10\%. Round your answer to the nearest cent. mition 6. What was Arlington's MVA at year-end 20217 Assume that its stock price at December 31, 2021 was 125. Round your answer to the nearest cent. 5 mution
