ent exam/boardquery/boardqueryjs.cfm?studentKey= 1 521 367≳ id-C59559&simid

Question

ent exam/boardquery/boardqueryjs.cfm?studentKey= 1 521 367≳ id-C59559&simid-C9; 175 1 &round; COMP Mullens 080 Points: 12 ©2006 Capsim Management Simulations, Inc. The Baldwin Company currently has the following balances on their balance sheet Total Assets Total Liabilities Retained Earnings $262,696 $150,763 $53,546 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 iabilities remain unchanged. What will ending Baldwins balance in Common Stock be next year? Select 1 Save Answer $382.713 s145587 S522.005 $81,187 se

Explanation / Answer

common stock this year

=262696-150763-53546

=58387

common stock next year

=58387+(55000-(44200-12000))

=81187

the above is answer

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