Business
Business, 09.07.2021 16:20, CarlyAnnn9949

eBook 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 Liabilities and Equity Cash and equivalents $ 15 Accounts payable $ 150 Accounts receivable 610 Accruals 210 Inventories 810 Notes payable 230 Total current assets $ 1,435 Total current liabilities $ 590 Net plant and equipment 2,405 Long-term bonds 1,480 Total liabilities $ 2,070 Common stock (100 million shares) 270 Retained earnings $ 1,500 Common equity $ 1,770 Total assets $ 3,840 Total liabilities and equity $ 3,840 Davidson Corporation: Income Statement for Year Ending December 31, 2021 (millions of dollars) Sales $ 5,000 Operating costs excluding depreciation and amortization 4,000 EBITDA $ 1,000 Depreciation and amortization 180 EBIT $ 820 Interest 220 EBT $ 600 Taxes (25%) 150 Net income $ 450 Common dividends paid $ 146 Earnings per share $ 4.50 Construct the statement of stockholders' equity for December 31, 2021. No common stock was issued during 2021. 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.

answer
Answers: 3

Other questions on the subject: Business

image
Business, 22.06.2019 11:40, Josias13
In early january, burger mania acquired 100% of the common stock of the crispy taco restaurant chain. the purchase price allocation included the following items: $4 million, patent; $3 million, trademark considered to have an indefinite useful life; and $5 million, goodwill. burger mania's policy is to amortize intangible assets with finite useful lives using the straight-line method, no residual value, and a five-year service life. what is the total amount of amortization expense that would appear in burger mania's income statement for the first year ended december 31 related to these items?
Answers: 2
image
Business, 22.06.2019 11:50, 2kdragginppl
Stocks a, b, and c are similar in some respects: each has an expected return of 10% and a standard deviation of 25%. stocks a and b have returns that are independent of one another; i. e., their correlation coefficient, r, equals zero. stocks a and c have returns that are negatively correlated with one another; i. e., r is less than 0. portfolio ab is a portfolio with half of its money invested in stock a and half in stock b. portfolio ac is a portfolio with half of its money invested in stock a and half invested in stock c. which of the following statements is correct? a. portfolio ab has a standard deviation that is greater than 25%.b. portfolio ac has an expected return that is less than 10%.c. portfolio ac has a standard deviation that is less than 25%.d. portfolio ab has a standard deviation that is equal to 25%.e. portfolio ac has an expected return that is greater than 25%.
Answers: 3
image
Business, 22.06.2019 13:50, trillsmith
Read the following paragraph, and choose the best revision for one of its sentences. dr. blake is retiring at the end of the month. there will be an unoccupied office upon his departure, and it is big in size. because every other office is occupied, we should convert dr. blake’s office into a lounge. it is absolutely essential that this issue is discussed at the next staff meeting. (a) because every other office is occupied, it’s recommended that we should convert dr. blake’s office into a lounge. (b) because every other office is filled, we should convert dr. blake’s office into a lounge.
Answers: 2
image
Business, 22.06.2019 17:00, vistagallosky
Which represents a surplus in the market? a market price equals equilibrium price. b quantity supplied is greater than quantity demanded. c market price is less than equilibrium price. d quantity supplied equals quantity demanded.
Answers: 2
Do you know the correct answer?
eBook The Davidson Corporation's balance sheet and income statement are provided here. Davidson Corp...

Questions in other subjects:

Konu
Chemistry, 18.03.2021 01:40
Konu
Mathematics, 18.03.2021 01:40
Konu
Mathematics, 18.03.2021 01:40
Konu
Mathematics, 18.03.2021 01:40