NEED C AND E

round your answer to the nearest whole number. Use a minus sign to enter negative values of any.

Information

Addition to retained earnings b. Construct the statement of stockholders' equity for the year ending December 31, 2021, and the 2021 statement of cash fiows. Hins: The difference in accumulated depreciation from ane year to the next is the annual deprubiation expense for the year. Lalho Industries: Statement of Cash Flows for 2021 (thousands of dollars) C. Calculate 2020 and 2021 net operating working capital (NOWC) and 2021 free cash now (FCF). Assume the firm has no excess cash. NOWC2020:$NOWC2021:$FCF2021:$ 3 thousand d. If Laiho increased its dividend payout ratio, what effect would this have on corporate taxes paid? What effect would this have on toxes 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 10.5%. What is the firm's 2021 EVA? 5 thousand f. Assume that the firm's stock'price is $21 per share and that at year-end 2021 the firm has 10 million shares outstanding. What is the firm's MVA at year-end 2021? 5 thousand a. Sales for 2021 were $465,150,000, and EBrTDA was 16% of sales. Furthermore, depreciadion and amortizotion were 17% of net fxed assets, interest was $7,994,000, the corporote tax rate was 25%, and Laiho pays 46.25% of its net income as dividends. Civen this. information, construct the firm's 2021 income statement. Lalho Industries: Income Statement for Year Endino December 31, 2021 (thousands of dollars) Increase in accounts payable Increase in accruals Increase in accounts recelvable Increase in inventories Net cash provided by operating activities Investing Activities Additions to property, plant, and equipment Net cosh 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 Lalho Industries: Balance Sheets as of December 31 (thousands of dollars)