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help no clue if this is even partially correct due tonight help meeee Eucel Activity: Financal Statements, Cash Flow, and Taxes Laiho Industries's 2020 and
help no clue if this is even partially correct due tonight help meeee
Eucel Activity: Financal Statements, Cash Flow, and Taxes Laiho Industries's 2020 and 2021 balence sheets (in thausands of dollars) are shown. Laiho Industriest Balance sheets as of December 31 (thousands of dollars) The data has been collected in the Microwoft Ercel nie below. Downlosd the spreadsheet and perform the recuired ahalyas to answer the questions below. Oo not round intermedate calculatiens. Enter your answers in thousands. For exemple, an answer of \$1 thousend should be entered as 1 , net 1, o00. Round your answers to the nearest whole ramber, Use a minus aign to enter nepabve values, if any. Preniload spreadshets financialstatements, Cath Fiowi and Baxes-95ido53, wisx A. Sales for 2021 were 1471,150,000, and EarBA was 14% of soles. Furthermore, depreciation and amortiration were 174 of net foxed asseta, interest was 39,050,000, Acthiby. Financial Statements, Cash Flow, and Taxes Dewnigas spreadtheet Financial Sbatements, Cesh Fow, and Twyes+95d053xisx Lihe Industriest Income statement for Year deprebebon frem one year to the next is the annual depreciation expense for the year. Laihe Industriest statennint of stockholders"' Equity, December 32, 2621 (theusands of dollars) Laihe Induetriest statement of cesh riowe fer 2021 (theusands of dellare) 2021 Laihe Industriest Statement of Cash Flows for 2021 (thousands of dollars) c. Calculate 2020 and 2021 net operating working captal (NOWC) and 2021 free cosh flow (FCF). Assume the firm has no excess cash. NowChatis thousand NOWC 2021:5 thousand FCF 202115 theusand d. If Laiho incrensed its dividend payout retio, what effect would this have on corporate taxes paid? What effect would this have on taves paid by the company's sharcheliers? If Laiho increased its dividend payout ratioy the firm would poy corparate taxes and the company's shareholders would pay. taxes on the divideods they would receive. 6. Asiume that the fimis after-tax cost of capital is 9.5%. What is the firm's 2021 EVA? C. Galculate 2020 and 2021 net operating working capital (NOWC) and 2021 free cash flow (FCr). Assume the firm has no excess caah. 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 the company?s shareholders? If Laiho incressed its dividend payout ratio, the firin would pay corporate taxes and the company's ahareholders would pay taxes on the dividends they would receive. e. Assume that the firm's after-tax cost of capital is 9.5\%4. What is the firm's 2021 FVA7 4 theusand f. Assume that the firm's stock price is $22 per strare and that at year-end 2021 the fim has 10 million shares outstanding. What is the firm's MvA at year-end 2021 Step by Step Solution
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