Business, 26.02.2020 20:59, russboys3

. A firm begins the year with a Book Value of $10 million. During the year it generates $5 million in net profits. It paid $1 million in interest on its bank loan. It decides to pay $3 million in dividends. What is its new Book Value at the start of next year? a) $11 million b) $12 million c) $15 million d) $16 million

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. A firm begins the year with a Book Value of $10 million. During the year it generates $5 million i...