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Digby's balance sheet has $86,494,000 in equity. If next year, assets decrease by $4,000,000 and liabilities increase by $2,000,000, what will be Digby's book value?

a) $32,712,000

b) $84,494,000

c) $80,494,000

d) $88,494,000

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M939867

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