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    Computation of Book Value

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    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

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    https://brainmass.com/business/finance/computation-of-book-value-581602

    Solution Summary

    Computation of book value

    $2.19