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Problem 3-14 Free Cash Flow Arlington Corporation's financial statements (dollars and shares are in millions) are provided here Balance Sheets as of December 31 2016

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Problem 3-14 Free Cash Flow Arlington Corporation's financial statements (dollars and shares are in millions) are provided here Balance Sheets as of December 31 2016 2015 Assets $ 15,000 35,000 30,975 $80,975 50,000 $130,975 $ 13,000 30,000 28,000 $ 71,000 48,000 $119,000 Cash and equivalents Accounts receivable Inventories Total current assets Net plant and equipment Total assets Liabilities and Equity Accounts payable Notes payable Accruals $ 10,100 6,500 7,000 $ 23,600 $9,000 5,450 5,000 $19,450 Total current liabilities

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