The Baldwin Company currently has the following balances on their balance sheet: Total Assets $170,808...
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Accounting
The Baldwin Company currently has the following balances on their balance sheet: Total Assets $170,808 Total Liabilities $70,202 Retained Earnings $89,392 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?
Select: 1
$98,414
$34,014
$174,418
$385,402
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