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a. construct the statement of stockholders equity for December 31, 2019. no common stock was issued during 2019. b. how much money has been reinvested

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a. construct the statement of stockholders equity for December 31, 2019. no common stock was issued during 2019. b. how much money has been reinvested in the firm over the years? c. At present time, how large a check could be written without it bouncing? d. how much money must be paid to current creditors within the next year?

balance sheet and income The David FINANCIAL STATEMENTS ment are provided here Davidson Corporation Balance Sheet as of December 11, 2019 millions of dollars) Assets Liabilities and Equity Cash and equivalents S 15 Accounts payable Accounts receivable 515 Accruals Inventories Notes payable Total current assets $1,410 Total current liabilities Net plant and equipment 2.500 Long term bonds Total liabilities Common stock (100 million shares) Retained earnings Common equity Total assets $4,000 Total abilities and equity $ 120 280 220 $ 620 1.520 $2.140 260 1,600 S 1 860 $4,000 Davidson Corporation: Income Statement for Year Ending December 31, 2019 (millions of dollars) $ 6,250 Sales 5,230 Operating costs excluding depreciation and amortization EBITDA $ 1,020 220 Depreciation and amortization EBIT $ 800 Interest 180 EBT $ 620 Taxes (259) 155 Net income $ 465 Common dividends paid $ 183 Earnings per share $ 4.65

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