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The Baldwin Company currently has the following balances on their balance sheet: Total Liabilities $54,507 Common Stock $10,729 Retained Earnings $60.032 Suppose next year the
The Baldwin Company currently has the following balances on their balance sheet: Total Liabilities $54,507 Common Stock $10,729 Retained Earnings $60.032 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 Submit Answer $146,768 $125,268 $176,768 $70,761
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