Baldwin\'s balance sheet has $92,889,000 in equity. Further, the company is expe

Question

Baldwin's balance sheet has $92,889,000 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 Baldwin's book value? $48,655,000 $38,655,000 $91,889,000 $101,889,000 Baldwin's balance sheet has $92,889,000 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 Baldwin's book value? $48,655,000 $38,655,000 $91,889,000 $101,889,000

Explanation / Answer

($92,889,000 + $4,000,000 - $5,000,000) = $91,889,000

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