Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

same problem just cant fit all it in 5 120 240 230 Davidson Corporation: Balance Sheet as of December 31, 2019 (Millions of Dollars) its

same problem just cant fit all it in
image text in transcribed
image text in transcribed
image text in transcribed
5 120 240 230 Davidson Corporation: Balance Sheet as of December 31, 2019 (Millions of Dollars) its Liabilities and Equity and equivalents $ 20 Accounts payable unts receivable 590 Accruals ntories 870 Notes payable al current assets $ 1,480 Total current liabilities plant and equipment 2,260 Long-term bonds Total liabilities Common stock (100 million shares) Retained earnings Common equity assets $ 3,740 Total liabilities and equity $ 590 1,490 $ 2,080 260 $ 1.400 $ 1,660 $ 3,740 rest Davidson Corporation: Income Statement for Year Ending December 31, 2019 (Millions of dollars) $ 9,500 rating costs excluding depreciation and amortization 7,150 DA 3 2,350 reciation and amortization 230 $ 2.120 160 $ 1,960 S (25%) 490 income 1,470 mon dividends paid 653 ings per share $ 14.70 pnstruct the statement of stockholders' equity for December 31, 2019. No common sto uring 2019. Write out all your answers completely. For example, 25 million should be e 5,000,000. Round your answers to the nearest share or dollar. Common Stock Retained Shares Amount Earnings $ $ Tota $ alances, 2/31/18 019 Net ncome Cash Davidson Corporation: Balance Sheet as of December 31, 2019 (Millions of dollars) Assets Liabilities and Equity Cash and equivalents $ 20 Accounts payable Accounts receivable 590 Accruals Inventories 870 Notes payable Total current assets $ 1,480 Total current liabilities Net plant and equipment 2,260 Long-term bonds Total liabilities Common stock (100 million shares) Retained earnings Common equity Total assets $ 3,740 Total liabilities and equity $ $ $ 160 Davidson Corporation: Income Statement for Year Ending December 31, 2019 (Millions of Dollars) Sales $9,500 Operating costs excluding depreciation and amortization 7,156 EBITDA $ 2,350 Depreciation and amortization 230 EBIT $ 2,120 Interest EBT $ 1,96 Taxes (25%) Net income 1,47 Common dividends paid Earnings per share 14.74 Construct the statement of stockholders' equity for December 31, 2019. No comme during 2019. Write out all your answers completely. For example, 25 million should 25,000,000. Round your answers to the nearest share or dollar Common Stock Retained Shares Amount Earnings 490 $ $ 65 $ $ Balances, 12/31/18 2019 Net income Cash $ 653 ommon dividends paid arnings per share $ 14.70 Construct the statement of stockholders' equity for December 31, 2019. No common during 2019. Write out all your answers completely. For example, 25 million should be 25,000,000. Round your answers to the nearest share or dollar Common Stock Retained TO Shares Amount Earnings $ 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 as 25. How much money has been reinvested in the firm over the years? Round your answer hundredth of million, if necessary. $ million At the present time, how large a check could be written without it bouncing? Round y nearest hundredth of million, if necessary $ million How much money must be paid to current creditors within the next year? Round your nearest hundredth of million, if necessary million Ioney

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Real Estate Finance And Investments

Authors: William Brueggeman, Jeffrey Fisher

13th Edition

0073524719, 9780073524719

More Books

Students also viewed these Finance questions

Question

identify supplier selection criteria; and

Answered: 1 week ago

Question

HOW IS MARKETING CHANGING WITH ARTIFITIAL INTELIGENCE

Answered: 1 week ago

Question

Different types of Grading?

Answered: 1 week ago

Question

Explain the functions of financial management.

Answered: 1 week ago

Question

HOW MANY TOTAL WORLD WAR?

Answered: 1 week ago