If there are no dividends paid what will bedigbys book


Digby's balance sheet has $91,415,000 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?

1) $43,237,000

2) $35,237,000

3) $90,415,000

4) $98,415,000

Request for Solution File

Ask an Expert for Answer!!
Financial Management: If there are no dividends paid what will bedigbys book
Reference No:- TGS02332708

Expected delivery within 24 Hours