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Davidson Corporation: Balance Sheet as of December 3 1 , 2 0 2 1 ( millions of dollars ) table [ [ Assets ,

Davidson Corporation: Balance Sheet as of December 31,2021
(millions of dollars)
\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,,,Total liabilities and equity,$,3,995]]
Davidson Corporation: Income Statement for Year Ending December 31,2021(millions of dollars)
Sales
Operating costs excluding depreciation and amortization
EBITDA
Depreciation and amortization
EBIT
Interest
EBT
Taxes (25%)
Net income
Common dividends paid
Earnings per share
\table[[$,4,500],[,3,240],[$,1,260],[,140],[$,1,120],[,240],[$,880],[,220],[$,660],[$,236],[$,6.60]]
nearest share or dollar.
Balances, 12/31/20
Cash dividends
Addition to RE
Balances, 12/31/21
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.
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