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[SOLVED] Chester's balance sheet has $74,255,000 in equity.

Chester's balance sheet has $74,255,000 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 Chester's book value?

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  •  $73,255,000s
  •  $83,255,000
  •  $31,768,000
  •  $41,768,000



honeyd


24-04-21 | 13:23:31

new equity=old equity+income-dividends
=74255000+4000000-5000000
=73255000

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