Posted: April 9th, 2023
Andrews Company currently has the following balances
Andrews Company currently has the following balances in their liability and equity accounts:Total Liabilities: $66,479,265Common Stock: $13,308,000Retained Earnings: $14,317,504Suppose 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?$94,104,769$145,604,769$115,604,769$14,317,504
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