Digby's balance sheet has $91,364,000 in equity. Further, the company is expecting net income of 4,000,000...
Digby's balance sheet has $91,364,000 in equity. Further, the company is expecting net income of 4,000,000 next year, and also expecting to pay $5,000,000 in dividends. If there is no new stock issued what will be Digby's book value?
Homework Answers
Book Value = Shareholder's equity + Net income - Dividends paid
Book Value = $91,364,000 + $4,000,000 - $5,000,000
Book Value = $90,364,000
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Digby's balance sheet has $91,364,000 in equity. Further, the
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The
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Value be next year?
Select: 1
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The
Baldwin's balance sheet has $88,312,000 in equity. Further, the
company is expecting $3,000,000 in net income next year. Assuming
no dividends are paid and no stock is issued, what would their Book
Value be next year?
Select: 1
$53.27
$22.71
$23.48
$8.48
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