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I just need 2021 EVA and FCF 2021 because i keep getting it wrong. I just need the 2 that are blank. the formulas Laino
I just need 2021 EVA and FCF 2021 because i keep getting it wrong.
I just need the 2 that are blank. the formulas
Laino industries's 2020 and 2021 balance sheets (in thousands of dollars) are shown. Construct the statement of stockholders' equity for the year ending December 31,2021 , and the 2021 statement of cash flows. Hint: The difference in accumulated depreciation from one year to the next is the annual depreciation expense for the year. Laiho Industries: Statement of Stockholders' Equity, December 31, 2021 (thousands of dollars) W -lha taduetelae. etatamant of Caeh Fiowe for 2021 (thousands of dollars) Operating Activities Net income Depreciation and amortization Increase in accounts payable Increase in accruals Increase in accounts re exeivable Increase in inventories Net cash provided by operating activities Investing Activities Additions to property, plant, and equipment Net cash used in investing activities Financing Activities Increase in notes payable Increase in long-term debt Increase in common stock Payment of common dividends Net cash provided by financing activities Summary Net increase/decrease in cash Cash at the beginning of the year Cash at the end of the year Laiho Industries's 2020 and 2021 balance sheets (in thousands of dollars) are shown. Laiho Industries: Balance Sheets as of December 31 (thousands of dollars) The data has been collected in the Microsoft Excel file below. Download the spreadsheet and perform the required analysis to answer the questio Do not round intermediate calculations. Enter your answers in thousands. For example, an answer of $1 thousand should be entered as 1 , not 1 , Round your answers to the nearest whole number. Use a minus sign to enter negative values, if any. Laiho Industries: Income Statement for Year Ending December 31, 2021 (thousands of dollars) b. Construct the statement of stockholders' equity for the year ending December 31, 2021, and the 2021 statement of cash flows. Hint: The diff In accumulated depreciation from one year to the next is the annual depreciation expense for the year. Laiho Industries: Statement of Cash Flows for 2021 (thousands of dollars) c. Calculate 2020 and 2021 net operating working capital (NOWC) and 2021 free cash flow (FCF). Assume the firm has no excess cash. NOWC 2020:5 thousand NOWC 2021:5 thousand FCF2021$ thousand 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 increased its dividend payout ratio, the firm would pay corporate taxes and the company's shareholders would pay taxes on the dividends they would receive. e. Assume that the firm's after-tax cost of capital is 9.5\%. What is the firm's 2021 EVA? thousand f. Assume that the firm's stock price is 523 per share and that at year-end 2021 the firm has 10 milion shares outstanding. What is the firm's MVA at year-end 2021? 5 thousand Step by Step Solution
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