What were the baldwin corporation total assets

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Reference no: EM131965846

1. The Digby Company has just issued $7,169,042 in dividends last year. The effect of this payment on the balance sheet is:

Net Profit will decrease $7,169,042

Expenses will increase $7,169,042

Liabilities will increase $7,169,042

Equity will decrease $7,169,042

2. Midyear on July 31st, the Baldwin Corporation's balance sheet reported:

Total Liabilities of $102.781 million

Total Common Stock of $5.080 million

Cash of $8.040 million

Retained Earnings of $36.891 million.

What were the Baldwin Corporation's total assets?

$136.712 million

$68.850 million

$144.752 million

$73.930 million

Reference no: EM131965846

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