At the beginning of April, Warren Corporation's assets totaled $247,000 and liabilities totaled $67,000. During April the following summarized transactions occurred: Additional shares of stock were sold for $23,500 cash.

A building costing $102,000 was purchased using $13,500 cash and by signing an $88,500 long-term note payable.

Short-term investments costing $9,700 were purchased using cash.

$10,700 was paid to an employee as a loan; the employee signed a six-month note in exchange for the loan.

How much are Warren's total assets at the end of April?

Lillypad toys is a manufacturer of educational toys for children. six months ago, the company's research and development division came up with an idea for a unique touchscreen device that can be used to introduce children to a number of foreign languages. three months ago, the company produced a working prototype, and last month the company successfully launched its new device on the commercial market. what should lillypad's managers prepare for next? a. increased competition from imitators b. a prolonged period of uncontested success c. a sharp decline in demand for the product d. a difficult struggle to move from invention to innovation