Free cash flow

bailey corporation's financial statements (dollars and shares are in millions) are provided here.

balance sheets as of december 31
2014 2013
assets
cash and equivalents $ 15,000 $ 14,000
accounts receivable 30,000 25,000
inventories 29,835 24,000
total current assets $ 74,835 $ 63,000
net plant and equipment 48,000 46,000
total assets $122,835 $109,000
liabilities and equity
accounts payable $ 11,000 $ 9,500
notes payable 6,700 5,250
accruals 7,600 7,000
total current liabilities $ 25,300 $ 21,750
long-term bonds 15,000 15,000
total debt $ 40,300 $ 36,750
common stock (5,000 shares) 40,000 40,000
retained earnings 42,535 32,250
common equity $ 82,535 $ 72,250
total assets $122,835 $109,000
income statement for year ending december 31, 2014
sales $248,000
operating costs excluding depreciation and amortization 200,000
ebitda $ 48,000
depreciation & amortization 4,000
ebit $ 44,000
interest 7,000
ebt $ 37,000
taxes (40%) 14,800
net income $ 22,200
dividends paid 11,915
enter your answers in millions. for example, an answer of $25,000,000,000 should be entered as 25,000.

what was net operating working capital for 2013 and 2014?

2013 $ million
2014 $ million
what was bailey's 2014 free cash flow?

$ million

construct bailey's 2014 statement of stockholders' equity.

common stock retained
earnings total stockholders'
equity
shares amount
balances, 12/31/13 million $ million $ million $ million
2014 net income million
cash dividends million
addition (subtraction) to retained earnings million
balances, 12/31/14 million $ million $ million $ million
what was bailey's 2014 eva? assume that its weighted average cost of capital is 10%. round your answer to the nearest cent.

$ million

what was bailey’s mva at year-end 2014? assume that its stock price at december 31, 2014 was $20.

$ million