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Andrews Company currently has the following balances in their liability and equity accounts Total Liabilities: $49,046,525 Common Stock: $18,968,000 Retained Earnings: $7,510,771 Suppose next year
Andrews Company currently has the following balances in their liability and equity accounts Total Liabilities: $49,046,525 Common Stock: $18,968,000 Retained Earnings: $7,510,771 Suppose next year the Andrews Company generates $36,500,000 in Net Profit, pays $15,000,000 in dividends, and total liabilities and common stock remain unchanged. What must their total assets be next year? $7,510,771 O$75,525,296 $97,025,296 $127,025,296
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