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Vsevolod [243]
3 years ago
7

Chester's balance sheet has $105,038,000 in equity. Further, the company is expecting net income of 3,000,000 next year, and als

o expecting to issue $4,000,000 in new stock. If there are no dividends paid what will beChester's book value?
Business
1 answer:
charle [14.2K]3 years ago
3 0

Answer:

The answer is $112,038,000

Explanation:

The total equity will be equity brought forward, the net income(retained earnings) and the newly issued shares.

Book value equals asset minus liability which this formula is the same as equity. So in order words book value is also the same as total equity.

Therefore, the book value is:

$105,038,000 + 3,000,000 + $4,000,000

= $112,038,000

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Answer:

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An algorithm can assist in solving organizational problems by setting standards that will aid in decision making. They are effective because they use statistical data and past information stored so that through artificial intelligence executives get data that surpasses human limitations. But it should be reviewed by IT professionals to avoid failures.

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Which organization compiles data on individuals and businesses to report on their credit?
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In case of any harmful , serious condition or activity , the practice of communicating or resolving the issue with the people in a very kind and respectful manner , is the sign of an intelligent or smart person  .

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2 years ago
Question 5 of 10
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I think the answer is D
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