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Business, 12.02.2020 00:50 7letters22

The Baldwin Company currently has the following balances on their balance sheet:

Total Assets $188,016
Total Liabilities $77,958
Retained Earnings $97,413

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 Baldwins balance in Common Stock be next year?

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The Baldwin Company currently has the following balances on their balance sheet:

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