Encel Activity: Financial Statemerts, Cash Fuon, and Tames

Laho Industries's $2020$ and $2021$ balance sheests $($in thousands of dolars$)$ are shown.

Laihe Industries: Income Statement for Year Ending December $31,2021$

Laihe Industries: Statement of Stockholders' Equity, December $31,2021($thousands of dollars$)$

d$.$ If Laiho increased is dividend payout ratio, what effect mould this have of corporate tanei paid? What effect would this have an tanes paid by the company's shareholders?

e$.$ Assume that the firm's aftur$-$tax cost of capial is $11\mathrm{.}5\%.$ What is the firm's $2021$ EVA?

$

f$.$ Assume that the firm's stock price is $$23$ par share and that at year$-$end $2021$ the firm has $10$ milion shares outstanding. What is the firm's MVh at year$-$end $2021?$

$

thousand