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Davidson Corporation: Balance Sheet as of December 31, 2019 (Millions of Dollars) Liabilities and Equity Assets 130 $ 10 Accounts payable Cash and equivalents 270

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Davidson Corporation: Balance Sheet as of December 31, 2019 (Millions of Dollars) Liabilities and Equity Assets 130 $ 10 Accounts payable Cash and equivalents 270 575 Accruals Accounts receivable 215 820 Notes payable Inventories 615 $ Total current liabilities $1,405 Total current assets 1,490 2,360 Long-term bonds Net plant and equipment $ 2,105 Total liabilities 260 Common stock (100 million shares) 1,400 Retained earnings 1,660 Common equity $3,765 $3,765 Total liabilities and equity Total assets Davidson Corporation: Income Statement for Year Ending December 31, 2019 (Millions of Dollars) 7,750 $ Sales 5,150 Operating costs excluding depreciation and amortization 2,600 EBITDA 210 Depreciation and amortization 2,390 $ BT 210 Interest tA Davidson Corporation: Income Statement for Year Ending December 31, 2019 (Millions of Dollars) Sales $ 7,750 Operating costs excluding depreciation and amortization 5,150 $ 2,600 ITDA Depreciation and amortization 210 2,390 EBIT Interest 210 2,180 EBT Taxes (25 %) 545 1,635 Net income Common dividends paid 780 $ Earnings per share 16.35 a. Construct the statement of stockholders' equity for December 31, 2019. No common stock was issued during 2019. Write out all your answers completely. For example, 25 million should be entered as 25,000,000. Round your answers to the nearest share or dollar Total Stockholders Common Stock Retained Earnings Equity Shares Amount Balances, 12/31/18 2019 Net income Cash dividends a. Construct the statement of stockholders' equity for December 31, 2019. No common stock was issued during 2019. Write out alll your answers completely. For example, 25 million should be entered as 25,000,000. Round your answers to the nearest share or dollar. Total Stockholders Retained Common Stock Equity Earnings Amount Shares Balances, 12/31/18 2019 Net income Cash dividends Addition to RE $ Balances, 12/31/19 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 hundred th 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

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