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Andrews Company currently has the following balances in their liability and equity accounts: Total Liabilities: $382,903,721 Common Stock: $14,208,000 Retained Earnings: -$164,212,681 Suppose next year
Andrews Company currently has the following balances in their liability and equity accounts: Total Liabilities: $382,903,721 Common Stock: $14,208,000 Retained Earnings: -$164,212,681 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? $254,399,040 -$164,212,681 $284,399,040 $232,899,040
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