What is the projected total for assets in year two

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Question: Year One Assets $50,000 Liabilities $25,000 Stock $10,000 Retained Earnings $15,000 Suppose in year two the company plans to grow assets by 74%, liabilities are limited to 30% of assets, expected net income is $10,579, and dividends are $1,282. What is the projected total for assets in year two?

Reference no: EM133372144

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