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    Digby's Balance Sheet: changes in book value

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    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: 1
    $33,615,000
    $41,615,000
    $87,467,000
    $79,467,000

    © BrainMass Inc. brainmass.com October 10, 2019, 7:19 am ad1c9bdddf
    https://brainmass.com/business/current-assets/digby-s-balance-sheet-changes-in-book-value-576612

    Solution Summary

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    $2.19