Andrews Company currently has the following balances in their liability and equity accounts: Total Liabilities:...
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Finance
Andrews Company currently has the following balances in their liability and equity accounts: Total Liabilities: $43,469,508 Common Stock: $21,896,260 Retained Earnings: $40,164,407 Suppose next year the Andrews Company generates $36,500,000 in Net Profit, pays $15,000,000 in dividends, and total liabilities and common stock remain unchanged. What must their total assets be next year? $157,030,175 $40,164,407 $127,030,175 $105,530,175
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