Ask Question
5 April, 10:18

Chester's balance sheet has $105,027,000 in equity. Next year they expect Assets to increase by $4,000,000 and Liabilities to decrease by $2,000,000. If that happens, what will be Chester's book value?

+4
Answers (1)
  1. 5 April, 10:47
    0
    107,027,000 is the total book value

    Explanation:

    So, you would start by adding 105,027,000 to 4,000,000 that gives you 109,027,000. Then you would subtract 109,027,000 and 2,000,000 that gives you 107,027,000

    Therefore your answer will be 107,027,000
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Chester's balance sheet has $105,027,000 in equity. Next year they expect Assets to increase by $4,000,000 and Liabilities to decrease by ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers