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[solved] Chester's Balance Sheet has $58,893,838 in equity.

Chester's Balance Sheet has $58,893,838 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?

 $22.99

 $43.67

 $21.88

 $15.60



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28-07-22 | 15:32:47

=total equity/number of shares
=($58,893,838+$3,000,000)/2,691,904
=22.99


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