Andrews Company currently has the following balances in their liability and equity accounts: Total Liabilities: $33,287,588 Common

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Andrews Company currently has the following balances in their liability and equity accounts:

Total Liabilities: $33,287,588

Common Stock: $13,308,000

Retained Earnings: $17,387,481

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?

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Organic Chemistry

ISBN: 978-0981519432

5th edition

Authors: Marc Loudon

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Posted Date: Jan 16, 2024 12:44 AM

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Andrews Company currently has the following balances in their liability and equity accounts: Total Liabilities: $33,287,588 Common

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Organic Chemistry

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