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The Davidson Corporation's balance sheet and income statement are provided here. Davidson Corporation: Balance Sheet as of December 3 1 , 2 0 2 1
The Davidson Corporation's balance sheet and income statement are provided here.
Davidson Corporation: Balance Sheet as of December
millions of dollars
Davidson Corporation: Income Statement for Year Ending
December millions of dollars
Enter your answers for parts bd in millions. For example, an answer of $ should be entered as
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
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