ZuoTi.Pro
Question

Balance Sheets as of December 31 2016 2015 Assets Cash and equivalents Accounts receivable Inventories s13,000 35,000 34,620 82,620 50,000 $132,620 s 12,000 25,000 22,000 59,000 49,000 $108,000 Total current assets Net plant and equipment Total assets Enter your answers in millions. For example, an answer of $25,000,00D,000 should be entered as 25,000. a. What was net operating working capital for 2015 and 20167 2015 S million Liabiwties and Equity Accounts payable Accruals Notes payable 2016 million 10,800 8,000 6,200 $ 25,000 $ 8,000 7,000 5,100 $ 20,100 10,000 30,100 50,000 27,900 77,900 108,000 b. What was Arlingtons 2016 free cash flow? Total current liabilitics million 10,000 _ s 35,000 Long-term bonds Construct Arlingtons 2016 statement of stockholders equity Total liabilities Common Stock 50,000 47,620 97,620 $132,620 Common stock (4,000 shares) Earnings Equity Shares Amount million $ Balances, 12/31/15 2016 Net Income Cash Dividends Addition to retained earning:s Balances, 12/31/16 million million million million million Common equity Total liabilities and equity Income Statement for Year Ending December 31, 2016 million Sales Operating costs excluding depreciation and amortization EBITDA Depreciation & amortization EBIT Interest EBT Taxes (40%) Net income Dividends paid $220,000 170,000 50,000 8,000 丰42,000 2,650 39,350 15,740 $23,610 3,890 m $ mlion $ mlion $ million d. what was Arlingtons 2016 EVA? Assume that its after-tax cost of capital is 10%. Round your answer to two decimal places. e. What was Arlingtons MVA at year-end 20167 Assume that its stock price at December 31, 2016 was $25. million

business   economics   
0 0
Add a comment Improve this question Transcribed image text
Next > < Previous
Sort answers by oldest

Homework Answers

Answer #1

wen: 0) opeen as sel ass nvenles cpenatng anent abelhes 015 caf 72000- も1SS00 56, S0o 01b wakins cap5500 31,93)- Co.0o TI00) $81.23s- 1千100 も64 I 35 opblei openalig peng asun Csnenb) free Cash fNot tncome 4224+4000-(81935 T9000)- (24100- $230o [935- 3u so- so Relained oniing tolal shara holdos Balane eolt Nel intome illion Cash divided (13 q5 5 kalion Added to obtained 9, 740-13955) Balanc 0,000 8713scap eim Ev A : 29,740 $22,140 $101, 135 x 10% 2 40- $107 14 $100.000- 87,135 19, 86 s

0 0
Add a comment
Know the answer?
Add Answer to:
Balance Sheets as of December 31 2016 2015 Assets Cash and equivalents Accounts receivable Inventories s13,000...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions

  • Balance Sheets as of December 31 2016 2015 Assets Cash and equivalents Accounts receivable Inventories $15,000...

    Balance Sheets as of December 31 2016 2015 Assets Cash and equivalents Accounts receivable Inventories $15,000 14,000 30,000 .28,000 $81,235 $72,000 47,000 $119,000 35,000 31,235 Total current assets Net plant and equipment Total assets 50,000 $131,235 Liabilities and Equity Accounts payable Accruals Notes payable $10,000 7,100 7,000 8,500 7,000 5,150 Total current liabilities Long-term bonds Total liabilities Common stock (4,000 shares) Retained earnings 20,000 44,100 60,000 27,135 87,135 $131,235 $ 24,100 20,650 20,000 $40,650 60,000 18,350 $ 78,350 $119,000 Common...

  • Balance Sheets as of December 31 2016 2015 $ 14,000 1 Cash and equivalents Accounts receivable...

    Balance Sheets as of December 31 2016 2015 $ 14,000 1 Cash and equivalents Accounts receivable Inventories 12,000 25,000 23,000 $71.705 60,000 48,000 $120,705 $108,000 30,000 27,705 Total current assets Net plant and equipment Total assets 49,000 Liabilities and Equity $ 10.9008,500 7,000 5.050 s 25,20020,550 20,000 s 45.200 40.550 40,000 27.450 $75.5055 67450 $108.000 Accounts payable 7.500 Notes payable 6.800 Total current liabilities Long-term bonds 20,000 Total liabilities Common stock (4,000 shares) Retained earnings 40,000 Common equity Total liabilities...

  • 2018 2017 Assets Cash and equivalents $14,000 11,000 Accounts receivable 35,000 30,000 Inventories 30,120 27,000 Total...

    2018 2017 Assets Cash and equivalents $14,000 11,000 Accounts receivable 35,000 30,000 Inventories 30,120 27,000 Total current assets 79,120 68,000 Net plant and equipment 48,000 45,000 Total assets $127,120 $113,000 Liabilities and Equity Accounts payable 8,500 10,500 Accruals 7,600 6,000 Notes payable 6,100 5,150 $ 19,650 Total current liabilities 24,200 Long-term bonds 10,000 10,000 $29,650 Total liabilities 34,200 Common stock (4,000 shares) 50,000 50,000 Retained earnings 42,920 33,350 Common equity 92,920 83,350 Total liabilities and equity $127,120 $113,000 Income Statement...

  • Help Arlington Corporation's financial statements (dollars and shares are in milions) are provided here. Balance Sheets...

    Help Arlington Corporation's financial statements (dollars and shares are in milions) are provided here. Balance Sheets as of December 31 2016 2015 Assets Cash and equivalents Accounts receivable Inventories $ 15,00014,000 30,000 28,000 80,325 $72,000 49,000 $134,325 $121,000 35,000 30,325 Total current assets Net plant and equipment Total assets 54,000 Liabilities and Equity Accounts payable Accruals Notes payable $ 10,400 8,500 7,500 6,700 $24,600 6,000 5,300 $19,800 Total current liabilities Liabilities and Equity Accounts payable Accruals Notes payable $ 10,400...

  • Simon Company's year-end balance sheets follow. 2017 2016 2015 At December 31 Assets Cash Accounts receivable,...

    Simon Company's year-end balance sheets follow. 2017 2016 2015 At December 31 Assets Cash Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net Total assets Liabilities and Equity Accounts payable Long-term notes payable secured by mortgages on plant assets Common stock, $10 par value Retained earnings Total liabilities and equity 28,167 84,968 103,689 9,348 260,975 $ 487,147 $ 32,924 $ 58,794 78,468 8,643 241,125 $ 419,954 $ 34,307 45,742 48,233 3,774 211,044 343,100 $ 120,087 $ 69,553 $ 44,383...

  • 2018 2017 Assets Cash and equivalents Accounts receivable Inventories Total current assets 999 991 Net plant...

    2018 2017 Assets Cash and equivalents Accounts receivable Inventories Total current assets 999 991 Net plant and equipment Total assets Liabilities and Equity 8 Accounts payable $ 11,000 8 Accruals 7,600 Notes payable 6,000 Total current liabilities Long-term bonds Total liabilities 99% 318 88 44,500 40,000 49,955 Common stock (4,000 shares) Retained earnings 40,000 49,955 35,100 Common equity $ 89,955 $75.100 Total liabilities and equity $134,555 $115,000 Income Statement for Year Ending December 31, 2018 Sales $225,000 Operating costs excluding...

  • Arlington Corporation's financial statements (dollars and shares are in millions) are provided here. Balance Sheets as...

    Arlington Corporation's financial statements (dollars and shares are in millions) are provided here. Balance Sheets as of December 31 2016 2015 Assets Cash and equivalents 14,000 15,000 Accounts receivable 30,000 35,000 33,070 29,000 Inventories $ 83,070 Total current assets $73,000 Net plant and equipment 50,000 46,000 Total assets $133,070 $119,000 Liabilities and Equity Accounts payable $10,500 9,000 Accruals 7,100 6,000 Notes payable 6,600 5,050 $ 24,200 20,050 Total current liabilities Long-term bonds 10,000 10,000 Total liabilities 34,200 30,050 Common stock...

  • Simon Company's year-end balance sheets follow. 2017 2016 2015 At December 31 Assets Cash Accounts receivable,...

    Simon Company's year-end balance sheets follow. 2017 2016 2015 At December 31 Assets Cash Accounts receivable, net Merchandise inventory Prepaid expenses plant assets, net Total assets Liabilities and Equity Accounts payable Long-term notes payable secured by mortgages on plant assets Common stock, $10 par value Retained earnings Total liabilities and equity 25,138 $ 29,084 $ 75,087 53,520 90,668 70,029 8,13 7,871 235,849 214,285 $ 434,755 $ 374,789 $ 31,223 41,227 43,046 3,335 187,369 306,200 $ 107,171 $ 62,706 $ aces...

  • FREE CASH FLOW Arlington Corporation's financial statements (dollars and shares are in millions) are provided here....

    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 Cash and equivalents $  14,000 $  11,000 Accounts receivable 35,000 30,000 Inventories 31,975 28,000   Total current assets $ 80,975 $ 69,000 Net plant and equipment 50,000 45,000 Total assets $130,975 $114,000 Liabilities and Equity Accounts payable $ 10,500 $  9,500 Accruals 7,800 7,000 Notes payable 6,700 5,250   Total current liabilities $ 25,000 $ 21,750 Long-term bonds 10,000 10,000...

  • Simon Company's year-end balance sheets follow. 2017 2015 At December 31 Assets Cash Accounts receivable, net...

    Simon Company's year-end balance sheets follow. 2017 2015 At December 31 Assets Cash Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net Total assets 2016 s 31,800 35,000 37,400 88,100 63, 000 50,000 112,000 81,800 53,000 4,800 279,000 252,500 232,000 10,600 9,300 521,500 $441,600 377,200 Liabilities and Equity Accounts payable Long-term notes payable secured by $128,800 75,250 51,200 mortgages on plant assets Common stock, $10 par value Retained earnings 97,000 98,750 81,200 161,500 161,500 161,500 134,200 106, 100 83...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT