Assume That in 2008 the Quarterly Demands Were 10,30,20,and 40

question 109

Multiple Choice

Assume that in 2008 the quarterly demands were 10,30,20,and 40.This gives a yearly demand of 100 units.Further,assume that in 2009 the annual demand is expected to increase to 120 units.Then,the first quarter (1ˢᵗ Q) forecast adjustments would be

• A)120(40/100) = 48.
• B)120(20/100) = 24.
• C)120(10/100) = 12.
• D)all of the above

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Definitions:

Stated Value

The amount per share assigned by the board of directors to no-par value stock.

Per Share Value

The financial value of a single share of a company's stock, representing a fraction of the corporation's assets and earnings per share.

Market Value

The prevailing market rate at which a service or asset is available for purchase or sale.

Paid-in Capital

The total amount of money investors have contributed to a company in exchange for shares of stock.