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Question - Digby's balance sheet has $83,694,000 in equity. Next year they expect Assets to increase by $4,000,000 and Liabilities to decrease by $2,000,000. If that happens, what will be Digby's book value?
$77,694,000
$89,693,000
$35,226,000
$85,693,000
At December 31, 2011, Walken had a balance of €40,000 of cash at M&V Bank and an overdraft of (€5000) at First National Bank. (That cash balance includes any effects on cash of the other transactions described in this problem.)
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