Enter your answers in millions. For example, an answer of $25,000,000,000 should be entered as 25,000. Round your answers to the nearest whole number, if necessary.a. What was net operating working capital for 2020 and 2021? Assume that all cash is excess cash; i.e., this cash is not needed for operating purposes.2020$2021$43,000 million51,790 millionb. What was Arlington's 2021 free cash flow?$26,900 millionc. Construct Arlington's 2021 statement of stockholders' equity.Shares$Statement of Stockholders' Equity, 2021Common StockAmountmillion $Balances, 12/31/202021 Net IncomeCash DividendsAddition to retained earningsBalances, 12/31/21million $d. What was Arlington's 2021 EVA? Assume that its after-tax cost of capital is 10%. Round your answer to the nearest cent.$20,791 millione. What was Arlington's MVA at year-end 2021? Assume that its stock price at December 31, 2021 was $25. Round your answer to the nearest cent.6,410 millionmillion $RetainedEarningsmillion $Total Stockholders'Equitymillion $millionmillionmillion $millionmillionmillion Arlington Corporation's financial statements (dollars and shares are in millions) are provided here.AssetsCash and equivalentsAccounts receivableInventoriesBalance Sheets as of December 31Total current assetsNet plant and equipmentTotal assetsLiabilities and EquityAccounts payableAccrualsNotes payableTotal current liabilitiesLong-term bondsTotal liabilitiesCommon stock (4,000 shares)Retained earningsCommon equityTotal liabilities and equityEBITInterestSalesOperating costs excluding depreciation and amortizationEBITDADepreciation & amortizationEBTTaxes (25%)Net incomeDividends paid2021$ 15,00035,00034,190$ 84,19048,000$132,190$ 10,1007,3006,200Income Statement for Year Ending December 31, 2021$ 23,60015,000$ 38,60060,00033,590$ 93,590$132,1902020$ 13,00030,00028,000$ 71,00047,000$118,000$9,0006,0005,050$ 20,05015,000$ 35,05060,00022,950$82,950$118,000$219,000170,000$ 49,0006,000$ 43,0003,650$ 39,3509,837.50$29,512.50$18,872.50Enter your answers in millions. For example, an answer of $25,000,000,000 should be entered as 25,000. Round your answers to the nearest whole number, if necessary.

Financial statement analysis:Financial statement analysis indicates the analysis of financial…

Answered: c. Construct Arlington's 2021 statement…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Similar questions

Assume that all balance sheet amounts for Sheridan Company represent average balance figures. Stockholders' equity - common Total stockholders' equity Sales revenue Net income Number of shares of common stock Common stock dividends Preferred stock dividends $ 371000 O $2.00 $1.40 $1.94 $2.10 811000 418000 81000 38000 32000 5000 What is the earnings per share for Sheridan? Assume that all balance sheet amounts for Sheridan Company represent average balance figures. What is the earnings per share for Sheridan? $\ $ 200 $ $\$ 1.40 $ $\$ 1.94 $ $\$ 2.10 $
At the beginning of 2024, Glasson Academy reported a balance in common stock of $166,000 and a balance in retained earnings of $66,000. During the year, the company issued additional shares of stock for $56,000, earned net income of $46,000, and paid dividends of $11,600. In addition, the company reported balances for the following assets and liabilities on December 31. Assets Liabilities. Cash Supplies Prepaid rent Land Required: 1. Prepare a statement of stockholders' equity. 2. Prepare a balance sheet. $54,200 12,500 32,000 280,000 Complete this question by entering your answers in the tabs below. Stmt of Stockholders Balance Sheet Equity Prepare a statement of stockholders' equity. Beginning Balance Ending Balance Accounts payable Utilities payable Salaries payable Notes payable GLASSON ACADEMY Statement of Stockholders' Equity For the Year Ended December 31, 2024 Common Stock $ Retained Earnings 08 Total Stockholders' Equity 0 $ 0 $14,600 5,600 5,100 31,000
Ggh
Find earnings per share 2019
CYCLONE, INC. Statement of Stockholders' Equity Year ended Dec. 31, 2021 Common Stock Total Stockholders' Retained Earnings Equity Beginning balance Issuances of stock Add: Net income Less: Dividends 2$ 13,000 $ 6,000 $ 19,000 4,000 4,000 Ending balance 2$ 15,000 $ 7,000 $ 22,000
answer very soon
Information concerning the capital structure of Catan Corporation follows Dec. 31, 2019 Dec. 31, 2020 100,000 shares 100,000 shares 10,000 shares $ 2,000,000 Common shares outstanding Convertible preferred shares outstanding 9% convertible bonds 10,000 shares Select one: a. $ 3.65 b. $ 4.75 c. $ 3.33 d. $ 5.00 $ 2,000,000 During 2020, Catan paid dividends of $ 1.00 per common share and $2.50 per preferred share. The preferred shares are non-cumulative, and convertible into 20,000 common shares. The 9% convertible bonds are convertible into 50,000 common shares. Net income for calendar 2020 was $500,000. Assume the income tax rate is 30%. Basic earnings per share for 2020 is
every entry should have narration along with other workings answer in text
Dog
9
The following data are provided: December 31 2021 2020 Cash $ 1300000 $ 1005000 Accounts receivable (net) 1500000 1150000 Inventories 2600000 2100000 Plant assets (net) 6000000 6600000 Accounts payable 1150000 820000 Income taxes payable 220000 90000 Bonds payable 1400000 1400000 10% Preferred stock, $50 par 1800000 1800000 Common stock, $10 par 2300000 1700000 Paid-in capital in excess of par 1650000 1400000 Retained earnings 4100000 3400000 Net credit sales 12800000 Cost of goods sold 8500000 Operating expenses 2900000 Net income 1600000 Additional information:Depreciation included in cost of goods sold and operating expenses is $1200000. On May 1, 2021, 60000 shares of common stock were issued. The preferred stock is cumulative. The preferred dividends were not declared during 2021.At December 31, 2021,…
Problem 11-2A (Algo) Cash dividends, treasury stock, and statement of retained earnings LO C3, P2, P3 Kohler Corporation reports the following components of stockholders' equity at December 31, 2019. Common stock-$15 par value, 100,000 shares authorized, 55,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity During 2020, the following transactions affected its stockholders' equity accounts. January 2 Purchased 4,500 shares of its own stock at $20 cash per share. January 5 Directors declared a $6 per share cash dividend payable on February 28 to the February 5 stockholders of record. February 28 Paid the dividend declared on January 5. July 6 Sold 1,688 of its treasury shares at $24 cash per share. August 22 Sold 2,812 of its treasury shares at $17 cash per share. September 5 Directors declared a $6 per share cash dividend payable on October 28 to the September 25 stockholders of record. October 28 Paid the…

SEE MORE QUESTIONS

Recommended textbooks for you

FINANCIAL ACCOUNTING

Accounting

ISBN:

9781259964947

Author:

Libby

Publisher:

MCG

Accounting

ISBN:

9781337272094

Author:

WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.

Publisher:

Cengage Learning,

Accounting Information Systems

Accounting

ISBN:

9781337619202

Author:

Hall, James A.

Publisher:

Cengage Learning,

FINANCIAL ACCOUNTING

Accounting

ISBN:

9781259964947

Author:

Libby

Publisher:

MCG

Accounting

ISBN:

9781337272094

Author:

WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.

Publisher:

Cengage Learning,

Accounting Information Systems

Accounting

ISBN:

9781337619202

Author:

Hall, James A.

Publisher:

Cengage Learning,

Horngren's Cost Accounting: A Managerial Emphasis…

Accounting

ISBN:

9780134475585

Author:

Srikant M. Datar, Madhav V. Rajan

Publisher:

PEARSON

Intermediate Accounting

Accounting

ISBN:

9781259722660

Author:

J. David Spiceland, Mark W. Nelson, Wayne M Thomas

Publisher:

McGraw-Hill Education

Financial and Managerial Accounting

Accounting

ISBN:

9781259726705

Author:

John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles

Publisher:

McGraw-Hill Education

SEE MORE TEXTBOOKS