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The Baldwin Company currently has the following balances on their balance sheet: Total Assets $252,146 Total Liabilities $147,022 Retained Earnings $48,450 Suppose next year the
The Baldwin Company currently has the following balances on their balance sheet: Total Assets $252,146 Total Liabilities $147,022 Retained Earnings $48,450 Suppose next year the Baldwin Company generates $44,200 in net profit, pays $12,000 in dividends, total assets increase by $55,000, and total liabilities remain unchanged. What will ending Baldwin's balance in Common Stock be next year? Select: 1
a)$79,474
b)$143,874
c)$502,618
d)$373,518
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