Suppose next year the baldwin company generates 20000 in


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

    Assets                        $240,266

    Common Stock         $54,553

    Retained earnings   $46,355

Suppose next year the Baldwin Company generates $20,000 in net profit, pays $10,000 in dividends, assets change to $151,000, and common stock remains unchanged. What must their total liabilities be next year?

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Financial Management: Suppose next year the baldwin company generates 20000 in
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