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The Baldwin Company currently has the following balances on their balance sheet: Total Liabilities $81,133 Common Stock. $13,087 Retained Earnings $99,319 Suppose next year the
The Baldwin Company currently has the following balances on their balance sheet:
Total Liabilities $81,133 Common Stock. $13,087 Retained Earnings $99,319
Suppose next year the Baldwin Company generates $36,500 in net profit and pays $15,000 in dividends and total liabilities and common stock remain unchanged. What must their total assets be next year?
Select: 1
$245,039 $215,039 $112,406 $193,539
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