What would their book value be next year

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Problem 1: The Digby's balance sheet has $114,987,000 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?

Option 1: $36.36
Option 2: $35.43
Option 3: $77.34
Option 4:  $19.06

Reference no: EM132808102

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