i/evo/index.html?eISBN=97813379110098.id = 9872833498/snapshotid=20265148 AGE MINDTAP Homework eBook Arlington Corporation's financial statements (dollars and shares are in millions) are provided here. Balance Sheets as of December 31 2019 2018 Assets $ 15,000 $ 14,000 35,000 30,000 31,515 26,000 Cash and equivalents Accounts receivable Inventories Total current assets Net plant and equipment Total assets $ 81,515 $ 70,000 47,000 46,000 $128,515 $116,000 Liabilities and Equity Accounts payable $ 10,200 $ 9,500 Accruals 7,000 7,000 Notes payable 6,600 5,000 . 3 RI O AGE MINDTAP Homework Accruals 7,000 7,000 Notes payable 6,600 5,000 Total current liabilities $ 23,800 $ 21,500 Long-term bonds 15,000 15,000 Total liabilities $ 38,800 $ 36,500 Common stock (4,000 shares) 50,000 50,000 39,715 29,500 Retained earnings Common equity Total liabilities and equity $ 89,715 $ 79,500 $128,515 $116,000 Income Statement for Year Ending December 31, 2019 Sales $224,000 180,000 Operating costs excluding depreciation and amortization EBITDA $ 44,000 5,000 Depreciation & amortization $ 39,000 EBIT 3,750 Interest $ 35,250 EBT O DI x AP MINDTAP Q Search this ework Income Statement for Year Ending December 31, 2019 $224,000 Operating costs excluding depreciation and amortization 180,000 EBITDA $ 44,000 Sales Depreciation & amortization 5,000 EBIT $ 39,000 Interest 3,750 $ 35,250 Taxes (25%) 8,812.50 $ Net income 26,437.50 Dividends paid 16,222.50 Enter your answers in millions. For example, an answer of $25,000,000,000 should be entered as 25,000. Round your answers to th number, if necessary. a. What was net operating working capital for 2018 and 2019? Assume that all cash is excess cash; le, this cash is not needed for purposes . 2018 5 million 2019 million BI End % 5 0 9 8 7 6 R T T MINDTAP Q Search this cc work TECH 26,437.50 Dividends pald 16,222.50 Enter your answers in millions. For example, an answer of $25,000,000,000 should be entered as 25,000. Round your answers to th number, if necessary. a. What was net operating working capital for 2018 and 2019? Assume that all cash is excess cash; l.e., this cash is not needed for purposes. 2018 S million 20195 million b. What was Arlington's 2019 free cash flow? $ million c. Construct Arlington's 2019 statement of stockholders' equity. Statement of Stockholders' Equity, 2019 Common Stock Total Retained Earnings Shares Amount $ millon million million $ $ Balances, 12/31/18 million 2019 Net Income million Cash Dividends Adid 810 9270 3 o E e End & 7 8 9 5 6 R. Q Search this co INDTAP work 26,437.50 16,222.50 in millions. For example, an answer of $25,000,000,000 should be entered as 25,000. Round your answers to the nearest whole ry. perating working capital for 2018 and 2019? Assume that all cash is excess cash; l.e., this cash is not needed for operating million million jton's 2019 free cash flow? million ton's 2019 statement of stockholders' equity. Statement of Stockholders' Equity, 2019 Common Stock Retained Earnings Total Stockholders' Equity Amount Shares million $ million million $ 1/18 million million ne million million ined 8 9/2 3 O & 7 8 0 5 6 P. R. T $ million Construct Arlington's 2019 statement of stockholders' equity. Statement of Stockholders' Equity, 2019 Common Stock Total Retained Earnings Shares Amount Balances, 12/31/18 million $ million $ million $ 2019 Net Income million Cash Dividends million Addition to retained earnings Balances, 12/31/19 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 million Check My Work So O RI End & 7 0 9 8 3 6 5 T Y U a H J K L K L Search this Alion 2019 statement of stockholders' equity. Statement of Stockholders' Equity, 2019 Common Stock Retained Earnings Total Stockholders' Equity Shares Amount 3 million $ million $ million $ million million million ed million $ million $ million *19 million $ million on's 2019 EVA? Assume that its after-tax cost of capital is 10%. Round your answer to the nearest cent. million ton'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 Check My Work 8:10 9/27/2 O End PRE 9 0. 6 8 5 6 7 T Y i/evo/index.html?eISBN=97813379110098.id = 9872833498/snapshotid=20265148 AGE MINDTAP Homework eBook Arlington Corporation's financial statements (dollars and shares are in millions) are provided here. Balance Sheets as of December 31 2019 2018 Assets $ 15,000 $ 14,000 35,000 30,000 31,515 26,000 Cash and equivalents Accounts receivable Inventories Total current assets Net plant and equipment Total assets $ 81,515 $ 70,000 47,000 46,000 $128,515 $116,000 Liabilities and Equity Accounts payable $ 10,200 $ 9,500 Accruals 7,000 7,000 Notes payable 6,600 5,000 . 3 RI O AGE MINDTAP Homework Accruals 7,000 7,000 Notes payable 6,600 5,000 Total current liabilities $ 23,800 $ 21,500 Long-term bonds 15,000 15,000 Total liabilities $ 38,800 $ 36,500 Common stock (4,000 shares) 50,000 50,000 39,715 29,500 Retained earnings Common equity Total liabilities and equity $ 89,715 $ 79,500 $128,515 $116,000 Income Statement for Year Ending December 31, 2019 Sales $224,000 180,000 Operating costs excluding depreciation and amortization EBITDA $ 44,000 5,000 Depreciation & amortization $ 39,000 EBIT 3,750 Interest $ 35,250 EBT O DI x AP MINDTAP Q Search this ework Income Statement for Year Ending December 31, 2019 $224,000 Operating costs excluding depreciation and amortization 180,000 EBITDA $ 44,000 Sales Depreciation & amortization 5,000 EBIT $ 39,000 Interest 3,750 $ 35,250 Taxes (25%) 8,812.50 $ Net income 26,437.50 Dividends paid 16,222.50 Enter your answers in millions. For example, an answer of $25,000,000,000 should be entered as 25,000. Round your answers to th number, if necessary. a. What was net operating working capital for 2018 and 2019? Assume that all cash is excess cash; le, this cash is not needed for purposes . 2018 5 million 2019 million BI End % 5 0 9 8 7 6 R T T MINDTAP Q Search this cc work TECH 26,437.50 Dividends pald 16,222.50 Enter your answers in millions. For example, an answer of $25,000,000,000 should be entered as 25,000. Round your answers to th number, if necessary. a. What was net operating working capital for 2018 and 2019? Assume that all cash is excess cash; l.e., this cash is not needed for purposes. 2018 S million 20195 million b. What was Arlington's 2019 free cash flow? $ million c. Construct Arlington's 2019 statement of stockholders' equity. Statement of Stockholders' Equity, 2019 Common Stock Total Retained Earnings Shares Amount $ millon million million $ $ Balances, 12/31/18 million 2019 Net Income million Cash Dividends Adid 810 9270 3 o E e End & 7 8 9 5 6 R. Q Search this co INDTAP work 26,437.50 16,222.50 in millions. For example, an answer of $25,000,000,000 should be entered as 25,000. Round your answers to the nearest whole ry. perating working capital for 2018 and 2019? Assume that all cash is excess cash; l.e., this cash is not needed for operating million million jton's 2019 free cash flow? million ton's 2019 statement of stockholders' equity. Statement of Stockholders' Equity, 2019 Common Stock Retained Earnings Total Stockholders' Equity Amount Shares million $ million million $ 1/18 million million ne million million ined 8 9/2 3 O & 7 8 0 5 6 P. R. T $ million Construct Arlington's 2019 statement of stockholders' equity. Statement of Stockholders' Equity, 2019 Common Stock Total Retained Earnings Shares Amount Balances, 12/31/18 million $ million $ million $ 2019 Net Income million Cash Dividends million Addition to retained earnings Balances, 12/31/19 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 million Check My Work So O RI End & 7 0 9 8 3 6 5 T Y U a H J K L K L Search this Alion 2019 statement of stockholders' equity. Statement of Stockholders' Equity, 2019 Common Stock Retained Earnings Total Stockholders' Equity Shares Amount 3 million $ million $ million $ million million million ed million $ million $ million *19 million $ million on's 2019 EVA? Assume that its after-tax cost of capital is 10%. Round your answer to the nearest cent. million ton'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 Check My Work 8:10 9/27/2 O End PRE 9 0. 6 8 5 6 7 T Y
