1. he baldwin company has just purchased $40,900,000 of plant and
[removed] $4,908,000 [removed] $2,454,000 [removed] $5,453,333 [removed] $2,726,667 2. The Chester Company has just issued $7,169,042 in dividends last year. The effect of this payment on the balance sheet is: Select: 1[removed] [removed] Liabilities will increase $7,169,042 [removed] Expenses will increase $7,169,042 [removed] Net Profit will decrease $7,169,042 [removed] Equity will decrease $7,169,042 3. What is the Quick Ratio of Chester? Select: […]