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The Davidson Corporation's balance sheet and income statement are provided here. Davidson Corporation: Balance Sheet as of December 31,2021 Davidson Corporation: Income Statement for Year
The Davidson Corporation's balance sheet and income statement are provided here. Davidson Corporation: Balance Sheet as of December 31,2021 Davidson Corporation: Income Statement for Year Ending December 31,2021 (millions of dollars) a. Construct the statement of stockholders' equity for December 31, 2021. No common stock was issued during 2021 . Write out all your answers comple Enter your answers tor 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. $ nillion 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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