Davidson Corporation: Balance Sheet as of December 31, 2021 (millions of dollars) \table[[Assets,,Liabilities and Equity],[Cash and equivalents,$ 15,Accounts payable,,110],[Accounts receivable,545,Accruals,,240],[Inventories,830,Notes payable,,235],[Total current assets,$ 1,390,Total current liabilities,,585],[Net plant and equipment,2,355,Long-term bonds,,1,500],[,,Total liabilities,,2,085],[,,Common stock (100 million shares),,260],[,,Retained earnings,,1,400],[,,Common equity,,1,660],[Total assets,$ 3,745,Total liabilities and equity,,3,745]] Davidson Corporation: Income Statement for Year Ending December 31, 2021 (millions of dollars) Sales Operating costs excluding depreciation and amortization EBITDA Depreciation and amortization EBIT Interest EBT Taxes (25%) Net income Common dividends paid Earnings per share \table[[
$
,9,000],[6,960,],[
$
,2,040],[,200],[
$
,1,840],[,160],[
$
,1,680],[,420],[
$
,1,260],[
$
,432],[,12.60]] the nearest share or dollar. Enter your answers for 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. $
?
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.