Problem: 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?
- $79,975,000
- $44,189,000
- $34,189,000
- $89,975,000