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Andrews Company currently has the following balances in their liability and equity accounts: Total Liabilities: $141,131,673 Common Stock: $13,308,000 Retained Earnings: -$15,913,397 Suppose next year
Andrews Company currently has the following balances in their liability and equity accounts: Total Liabilities: $141,131,673 Common Stock: $13,308,000 Retained Earnings: -$15,913,397 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? $160,026,276 -$15,913,397 $190,026,276 $138,526,276
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