Please show working and see attachments for the question. The Davidson Corporation's balance sheet and income statement are provided here.Davidson Corporation: Balance Sheet as of December 31, 2018(Millions of Dollars)AssetsIiabilities and EquityCash and equivalents$20 Accounts payable120Accounts receivable190 Лсcruals300Inventories910 Notes payable230Total current assets$ 1,420Total current liabilities$4650Net plant and equipment2,530 Long-term bonds1,520lotal liabılıties$ 2,1/0Common stock (100 million shares)280$ 1,500$ 1,780Retained carningoCommon equityTotal assets$ 3,950 Total liabilities and equity$ 3,950Davidson Corporation: Income Statement for Year EndingDecember 31, 2018 (Millions of Dollars)Gales0,250Operating costs excluding depreciation and amortization4,290EBITDA3,960Depreciation and amortization247.5ЕBIT3,712.5Intcrcst21/EBT2$3,495.5Taxes (40%)1,398.2Net income$2,097.3Common dividends paid$1,017.190Earnings per share20.973 Depreciation and amortization247.5ЕBIT2$3,712.5Interest217EBTכ .כ3,49Taxes (40%)1,398.2Nct income$2,097.3Common dlividends paid1,017.1905Larnıngs per share20.9/3a. Construct the statement of stockholders' equity for December 31, 2018. No common stock was issued during 2018. 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.Common StockRetainedTotal Stockholders'SharesAmountFarningsFquityBalances, 12/31/17$$$2018 Nct incomcCash dividendsAddition o RFBalances, 12/31/18Enler your answers for parls b-d in millions. For example, an answer of $25,000,000 should be enlered 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.millionC. Al the present lime, how larye a check could be wrillen wilhoul il bounciny? Round your answer lo the nearest hundredth of million, if necessar y.milliond. 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

Answer a. Davidson Corporation Statement of Stock holder's equity For the year ended Dec 31, 2018…

a. Construct the statement of stockholders' equity for December 31, 2018. No common stock was issued during 2018. 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. Common Stock Retained Total Stockholders' Shares Farnings Amount Fquity Dalances, 12/31/17 2018 Net income Cash dividonds Arldlit ion to RP Balances, 12/31/18 Enler your atnswers for parls b-d in millions. For exarmple, an answer of $25,000,000 stiould 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 milion, if necessary. 1million C. AL Lhe present lime, how larye a ctieck culd be wrillen wilthoul il bounciny? Round your aiswer lo tlhe nearest hundredihi 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

a. Construct the statement of stockholders' equity for December 31, 2018. No common stock was issued during 2018. 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. Common Stock Retained Total Stockholders' Shares Farnings Amount Fquity Dalances, 12/31/17 2018 Net income Cash dividonds Arldlit ion to RP Balances, 12/31/18 Enler your atnswers for parls b-d in millions. For exarmple, an answer of $25,000,000 stiould 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 milion, if necessary. 1million C. AL Lhe present lime, how larye a ctieck culd be wrillen wilthoul il bounciny? Round your aiswer lo tlhe nearest hundredihi 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

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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Selected financial data regarding current assets and current liabilities for ACME Corporation and Wayne Enterprises, are as follows: ACME Corporation Wayne EnterprisesCurrent assets:Cash and cash equivalents $ 2,494 $ 541Current investments 125Net receivables 1,395 217Inventory 10,710 8,600Other current assets 773 301Total current assets $15,372 $9,784Current liabilitiesCurrent debt $ 1,321 $ 47Accounts payable 8,871 5,327Other current liabilities 1,270 2,334Total current…
The Davidson Corporation's balance sheet and income statement are provided here. Davidson Corporation: Balance Sheet as of December 31, 2018 (Millions of Dollars) Assets Liabilities and Equity Cash and equivalents $ 15 Accounts payable $ 100 Accounts receivable 515 Accruals 220 Inventories 830 Notes payable 230 Total current assets $ 1,360 Total current liabilities $ 550 Net plant and equipment 2,550 Long-term bonds 1,500 Total liabilities $ 2,050 Common stock (100 million shares) 260 Retained earnings $ 1,600 Common equity $ 1,860 Total assets $ 3,910 Total liabilities and equity $ 3,910 Davidson Corporation: Income Statement for Year Ending December 31, 2018 (Millions of Dollars) Sales $ 6,000 Operating costs excluding depreciation and amortization 3,780 EBITDA $ 2,220 Depreciation and amortization 420 EBIT $ 1,800 Interest 164 EBT $ 1,636 Taxes…
Information for Crane Company is given below: Crane Company Balance Sheet December 31, 2021 Assets Equities Cash $ 302000 Accounts payable $ 625000 Accounts receivable (net) 1955000 Income taxes payable 193000 Inventories 2436000 Miscellaneous accrued payables 227000 Plant and equipment, Bonds payable (8%, due 2023) 1900000 net of depreciation 1983000 Preferred stock ($100 par, 6% Patents 262000 cumulative nonparticipating) 700000 Other intangible assets 75000 Common stock (no par, 60,000 Total Assets $7013000 shares authorized, issued and outstanding) 1127000 Retained earnings 2464000 Treasury stock-1500 shares of preferred (223000) Total Equities $7013000 Crane…
The Davidson Corporation's balance sheet and income statement are provided here. Davidson Corporation: Balance Sheet as of December 31, 2021 (millions of dollars) Assets Cash and equivalents Accounts receivable Inventories Total current assets. Net plant and equipment Total assets EBIT Interest EBT Taxes (25%) Net Income Common dividends paid Earnings per share Liabilities and Equity $ 20 Accounts payable 470 Accruals Balances, 12/31/20 2021 Net Income Cash dividends Addition to RE 890 Notes payable $ 1,380 2,520 Davidson Corporation: Income Statement for Year Ending December 31, 2021 (millions of dollars) Sales Operating costs excluding depreciation and amortization EBITDA Depreciation and amortization Total current liabilities Long-term bonds Total liabilities Common stock (100 million shares) Retained earnings Common equity $ 3,900 Total llabilities and equity $ Shares $ $ $ $ 140 250 220 610 1,510 $ 2,120 280 $ 1,500 $ 1,780 $ 3,900 $5,500 4,470 $ 1,030 $ $ a. Construct the…
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