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Chester's balance sheet has $100,706,000 in equity. Further, the company is expecting net income of 4,000,000 next year, and also expecting to pay $5,000,000 in

Chester's balance sheet has $100,706,000 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 Chester's book value? Select: 1Save Answer $42,564,000 $52,564,000 $99,706,000 $109,706,000

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