What would their book value be next year

Reference no: EM132174180

Question - Chester's Balance Sheet has $60,388,544 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?

$16.16

$44.25

$23.55

$22.43

Reference no: EM132174180

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