Midyear on July 31st, the Baldwin Corporation's balance sheet reported: Total Liabilities of $101.753 million Cash of $8.040 million Total Assets of $162.426 million Total Common Stock of $5.080 million. What were the Baldwin Corporation's retained earnings? Select : 1 $55.593 million $65.753 million $63.633 million $73.793 million

Foundations of Business (MindTap Course List)
6th Edition
ISBN:9781337386920
Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Chapter16: Mastering Financial Management
Section: Chapter Questions
Problem 3DQ
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Midyear on July 31st, the Baldwin Corporation's balance sheet reported: Total Liabilities of $101.753 million Cash of $8.040 million Total Assets of $162.426 million Total Common Stock of $5.080 million. What were the Baldwin Corporation's retained earnings?

Select : 1

  • $55.593 million
  • $65.753 million
  • $63.633 million
  • $73.793 million
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