The Baldwin company currently has the following balances on their balance sheet: Assets $225,850 Common Stock $51,869 Retained earnings $39,218 Suppose next year the Baldwin Company generates $20,000 in net profit, pays $10,000 in dividends, assets change to $151,000, and common stock remains unchanged. What must their total liabilities be next year

What are the real flows and money flows that run between households, firms, and governments in the circular flow model? the real flows are that flow from households to firms through markets. a. the services of factors of production; real b. payments; financial c. the services of factors of production; factor d. government goods; factor e. consumption goods; financial?

Rose bought a mattress for her guest bedroom for $100, on sale. the mattress is nonreturnable. although everyone who has slept on the mattress said it was very uncomfortable, rose will not get rid of it because she spent $100 on it. what psychological factor associated with behavioral economics explains rose's behavior?

How does bad debt expense is reported on the income statement?