Question: Opera Fle Edit View History Bookmarks Developer Window Help aplia.apps.ng.cengage.com/af/servlet/qu The Davidson Corporation's balance sheet and income statement are provided here. Assets Davidson Corporation: Balance
Opera Fle Edit View History Bookmarks Developer Window Help aplia.apps.ng.cengage.com/af/servlet/qu The Davidson Corporation's balance sheet and income statement are provided here. Assets Davidson Corporation: Balance Sheet as of December 31, 2021 Cash and equivalents Accounts receivable Inventories Total current assets (millions of dollars) Liabilities and Equity S 20 Accounts payable 405 Accruals 640 Notes payable $1,345 Total current liabilities Net plant and equipment 2,405 Long-term bonds Total assets Total abilities Common stock (100 million shares) Retained earnings Common equity 3,830 Total abilities and equity Davidson Corporation: Income Statement for Year Ending December 31, 2021 (millions of dollars) Sales Operating costs excluding depreciation and amortization EBITDA Depreciation and amortization EBIT Interest EOT Taxes (25%) Net income Common dividends paid Earnings per share 130 290 230 1650 1,520 $2,170 200 11,400 $1,660 $3,830 8,750 5,920 $2,830 610 $2,220 180 $2,040 $10 $1,530 $ 574 $15.30 Sun Aug 28 4:00 PM 9 OLE a. Construct the statement of stockholders' equity for December 31, 2021. No common stock was issued during 2021. Write out all your answers completely. For example, 25 million should be entered a 25,000,000. Round your answers to the nearest share or dollar. Common Stock Retained Earnings Total Stockholders Equity EBIT Interest EBT Thies (25%) Net income Common dividends paid Earnings per share $2,220 180 $2,040 510 $1,530 $ 574 $15.30 a. Construct the statement of stockholders' equity for December 31, 2021. No common stock was issued during 2021. Write out all your answers completely, For example, 25 millon should be entered a 25,000,000. Round your answers to the nearest share or dollar Balances, 12/31/201 2021 Net income Cash dividends Common Stock Retained Shares Amount Earnings $ Total Stockholders' Equity Addition to RE Balances, 12/31/21 Enter your answers for parts bid in millions. For example, an answerof $25,000,000 should be entered as 25. b. How much money has been reinvested in the firm over the years? Round your answer to the nearest hundredth of million, if necessary $ million c. At the present time, how large a check could be written without it bouncing? Round your answer to the nearest hundredth of men, if necessary $ million d. How much money must be paid to current creditors within the next year? Round your answer to the nearest hundredth of million, if necessary. million : Grade it Now Save & Continue Continue without saving
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