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a. Construct the statement of stockholders' equity for December 21, 2018. No common stock was issued during 2018. d. How much money must be paid
a. Construct the statement of stockholders' equity for December 21, 2018. No common stock was issued during 2018.
d. How much money must be paid to current creditors within the next year?
(10) The Davidson Corporation's balance sheet and income statement are provided here. Davidson Corporation: Balance Sheet as of December 31, 2018 (Millions of Dollars) $ 120 $ 15 515 280 Assets Cash and equivalents Accounts receivable Inventories Total current assets Net plant and equipment 880 220 $ 620 $1,410 2,590 Liabilities and Equity Accounts payable Accruals Notes payable Total current liabilities Long-term bonds Total liabilities Common stock (100 million shares) Retained earnings Common equity Total liabilities and equity 1,520 $2,140 $260 1,600 $1,860 Total assets $4,000 $4,000 Davidson Corporation: Income Statement for Year Ending December 31, 2018 (Millions of Dollars) Sales $ 6,250 Operating costs excluding depreciation and amortization EBITDA Depreciation and amortization EBIT Interest EBT 5.230 $1,020 220 $ 800 180 $ 620 248 $_372 $ 146 $ 3.72 Taxes (40%) Net income Common dividends paid Earnings per shareStep by Step Solution
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