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salantis [7]
3 years ago
14

Chester's balance sheet has $77,842,000 in equity. Further, the company is expecting net income of 3,000,000 next year, and also

expecting to issue $4,000,000 in new stock. If there are no dividends paid what will beChester's book value
Business
1 answer:
SashulF [63]3 years ago
8 0

Answer:

$84,842,000

Explanation:

The book value is total assets less total liabilities

Book value = initial equity + equity issued + net income

$77,842,000 + $4,000,000 + $3,000,000 = $84,842,000

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All of the following are limitations of the Boston Consulting Group (BCG) Matrix EXCEPT
Arturiano [62]

Answer:

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Explanation:

The Boston Consultinf Group (BCG) Matrix does not require three years worth of data.

Steps in performing

Step 1. Choose the unit

Step 2. Define the market

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5 0
3 years ago
Thomas Brothers is expected to pay a $0.50 per share dividend at the end of the year (that is, D1 = $0.50). The dividend is expe
Katarina [22]

Answer:

 CurrentStock Value per Share (P0) = $6.25

Explanation:

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                                            P0 = $0.50 / (0.15 – 0.07)

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8 0
4 years ago
Alex Company rents space to a tenant for $2,200, per month. The tenant currently owes two months rent, November and December. Th
kaheart [24]

Answer:

The correct answer is D

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As the two months rent is not paid so the adjusting entry which is to be posted is that the rent receivable account is debited whereas the rent earned account is credited with the amount of two months rent. (which is $2,200 + $2,200 = $4,400).

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hope this helps
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