Chester's balance sheet has $83,517,000 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 Chester's book value? Select : 1 Save Answer $82,517,000 $92,517,000 $33,980,000 $43,980,000  No hand written and fast answer with explanation

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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Chester's balance sheet has $83,517,000 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 Chester's book value?

Select : 1

Save Answer

$82,517,000

$92,517,000

$33,980,000

$43,980,000 

No hand written and fast answer with explanation 

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