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[SOLVED] The Baldwin's balance sheet has $94,137,000 in equity.

The Baldwin's balance sheet has $94,137,000 in equity. Further, the company is expecting $3,000,000 in net income next year. Assuming no dividends are paid and no stock is issued, what would their Book Value be next year?

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  •  $27.60
  •  $26.75
  •  $60.66
  •  $11.16



honeyd


20-04-21 | 21:43:21

book value= (equity +retained earnings)/number of shares
=(94137000+3000000)/ 3,519,433
=27.60

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