Computation of Book Value
Digby's balance sheet has $80,975,000 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 Digby's book value?
Select: 1
$79,975,000
$44,189,000
$34,189,000
$89,975,000
https://brainmass.com/business/finance/computation-of-book-value-581602
Solution Summary
Computation of book value
$2.19