Determine book value if no dividends paid


Problem: Digby's balance sheet has $80,467,000 in equity. Further, the company is expecting net income of 3,000,000 next year, and also expecting to issue $4,000,000 in new stock. If there are no dividends paid what will beDigby's book value?

Select:

  • $33,615,000
  • $41,615,000
  • $87,467,000
  • $79,467,000

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Accounting Basics: Determine book value if no dividends paid
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