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The Baldwin Company currently has the following balances on their balance sheet: Total Liabilities $145,273 Common Stock $55,293 Retained Earnings $37,444 Suppose next year the
The Baldwin Company currently has the following balances on their balance sheet: Total Liabilities $145,273 Common Stock $55,293 Retained Earnings $37,444 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?
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