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Business, 03.08.2021 23:20 Mordred2143

The Baldwin company currently has the following balances on their balance sheet: Assets $263,400
Common Stock $59,042
Retained earnings $52,131
Suppose next year the Baldwin Company generates $20,000 in net profit, pays $10,000 in dividends, assets change to $151,000, and the common stock remains unchanged. What must their total liabilities be next year?
A. $9,827
B. $152,227
C. $88,869
D. $29,827

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The Baldwin company currently has the following balances on their balance sheet: Assets $263,400
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