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1) The Baldwin Company currently has the following balances on their balance sheet: Total Assets $252,775 $2.99   Add to cart
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  5. Of Chester Corporation’s products, which earned the lowest Net Margin as a percentage of its sales?

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1) The Baldwin Company currently has the following balances on their balance sheet: Total Assets $252,775

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  • Of Chester Corporation’s products, which earned the lowest Net Margin as a percentage of its sales?
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1) The Baldwin Company currently has the following balances on their balance sheet: Total Assets $252,775 Total Liabilities $146,576 Retained Earnings $49,307 Suppose next year the Baldwin Company generates $44,200 in net profit, pays $12,000 in dividends, total assets increased by $55,000, and...

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  • October 30, 2019
  • 3
  • 2019/2020
  • Answers
  • Unknown

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  • of chester corporation’s products
  • which earned the lowest net margin as a percentage of its sales
  • 1 the baldwin company currently has the following balances on their balance sheet total assets 25

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  • Of Chester Corporation’s products, which earned the lowest Net Margin as a percentage of its sales?
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1) The Baldwin Company currently has the following balances on their balance sheet:

Total Assets $252,775
Total Liabilities $146,576
Retained Earnings $49,307

Suppose next year the Baldwin Company generates $44,200 in net profit, pays $12,000 in
dividends, total assets increased by $55,000, and total liabilities remain unchanged. What will
ending Baldwins balance in Common Stock be next year?
Select: 1
$372,844
$144,092
$503,658
$79,692

Solution:

Total assets = $252,775 + $55,000 = $307,775



Total equity = Total assets – Total liabilities = $307,775 – 146,576 = $161199

Common stock = 161199 – 49307 = 111892

Ending balance in common stock = 111892 + 44200 – 12000 =$144,092

2) Of Chester Corporation’s products, which earned the lowest Net Margin as a percentage of
its sales?
Select: 1
Cid
Cake
Cedar
Crimp



Solution:

Cid – 16,506/62,359 =26.5%

Cake – 12,303/50728 = 24.3%

Cedar – 13,877/52,260 = 26.6%

Crimp – 16,726/60,598 = 27.6%


3) Assuming Brokerage fees of $6000, calculate the amount of cash needed to retire Baldwin's
12.4S2021 bond early.
Select: 1
$5,585,396
$5,827,834
$5,591,396

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