Digby's balance sheet has $80,975,000 in equity. Further, the company is expecting a 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? a. $79,975,000 b. $44,189,000 c. $34,189,000 d. $89,975,000
Digby's balance sheet has $80,975,000 in equity. Further, the company is expecting a 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? a. $79,975,000 b. $44,189,000 c. $34,189,000 d. $89,975,000
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Digby's
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