Ch $03-$End$-$of$-$Chapter Problems $-$ Financial Statements, Cash Flow, and Taxes

ine Daviason Corporacion s Dalance sneet ana income statement are proviaea nere.

Davidson Corporation: Balance Sheet as of December $31,2021$

$($millions of dollars$)$

$\backslash$table$[[$Assets$,,,$Liabilities and Equity,,$],[$Cash and equivalents,$$,20,$Accounts payable,$$,120],[$Accounts receivable,,$600,$Accruals,,$270],[$Inventories$,,860,$Notes payable,,$235],[$Total current assets,$$,1,480,$Total current liabilities,$$,625],[$Net plant and equipment,,$2,515,$Long$-$term bonds,,$1,500],[,,$Total liabilities,$$,2,125],[,,$Common stock $(100$ million shares$),,270],[,,$Retained earnings,$$,1,600],[,,$Common equity,$$,1,870],[$Total assets,$$,3,995,$Total liabilities and equity,$$,3,995]]$

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

EBT

Taxes $(25\%)$

Net income

Common dividends paid

Earnings per share

$\backslash$table$[[$$$,4,500],[,3,240],[$$$,1,260],[,140],[$$$,1,120],[,240],[$$$,880],[,220],[$$$,660],[$$$,236],[$$$,6\mathrm{.}60]]$

nearest share or dollar.

$\backslash$table$[[$Balances$,12/31/20,$Common Stock,$\{$

$\backslash$table$[[$Retained$],[$Earnings$]]\},\{$

$\backslash$table$[[$Total Stockholders'$],[$Equity$]]\}],[$Shares$,$Amount$],[100,000,000,$$$,270,000,000,$$$,1,600,000,$$$,],[,,,,60,000,000,,],[$Cash dividends,,,,,$36,000,000,,]$

$,[$Addition to RE$,,,,,,,424,000,000$

Can I please get a stockholders equity based on the information below $($image$)$

In this format

mmon dividends paid

mings per share

$$6\mathrm{.}60$ nearest share or dollar.

Balances, $\frac{12}{31}\frac{?}{20}$

$2021$ Net income

Cash dividends

Addition to RE

Balances, $\frac{12}{31}\frac{?}{21}$

Enter your answers for parts b$-$d in millions. For example, an answer of $$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 million, 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

Continue without saving

$$

Ch $03-$End$-$of$-$Chapter Problems$-$Financial Statements, Cash Flow, and Taxes

ine Daviason Lorporacion s Dalance sneet ana income statement are proviaed nere.

Davidson Corporation: Balance Sheet as of December $31,2021$

$($millions of dollars$)$

$\backslash$table$[[$Assets$,,,$Liabilities and Equity,,$],[$Cash and equivalents,$$,20,$Accounts payable,$$,120],[$Accounts receivable,,$600,$Accruals,,$270],[$Inventories$,,860,$Notes payable,,$235],[$Total current assets,$$,1,480,$Total current liabilities,$$,625],[$Net plant and equipment,,$2,515,$Long$-$term bonds,,$1,500],[,,,$Total liabilities,$$,2,125],[,,,$Common stock $(100$ million shares$),,270],[,,,$Retained eamings,$$,1,600],[,,,$Common equity,$$,1,870],[$Total assets,$$,3,995,$Total liabilities and equity,$$,3,995]]$

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

EBT

Taxes $(25\%)$

Net income

Common dividends paid

Earnings per share

$\backslash$table$[[$$$,4,500,],[,3,240],[$$$,1,260],[,140],[$$$,1,120],[,240],[$$$,,880],[,220],[$$$,660],[$$$,236],[$$$,6\mathrm{.}60]]$

nearest share or dollar.

Enter your answers for parts $b-d$ in million

$$ CAN I PLEASE GET A STATEMENT OF STOCKHOLDERS EQUITY FOR DEC $31,2021$ in the format shown in the image. As well as answers to B$,$ C and D