Bernard Company Provided the Following Information from Its Financial Records

question 42

Multiple Choice

Bernard Company provided the following information from its financial records:
$\begin{array}{lllr}\text { Net income } & \$ 250,000 & \text { Total stockholders' equity } & \$ 1,000,000 \\\text { Common dividends } & \$ 15,000& \begin{array}{l}\text { Common shares outstanding, } \\12 / 31\end{array} & 150,000 \\\text { Preferred rights } & \$ 175,000 & &\end{array}$
What is the company's book value per share?

• A) $0.50
• B) $5.50
• C) $6.67
• D) $1.67

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Definitions:

Labor Force Participation

The percentage of the working-age population that is actively engaged in or seeking employment.

Gender Roles

Gender roles are the societal norms dictating the behaviors, activities, and attitudes that are considered appropriate based on one's perceived sex or gender identity.

Sex Differences

Variations in characteristics, behaviors, or physiological traits between males and females, often influenced by both biological and societal factors.

Testosterone Levels

The concentration of the hormone testosterone in the blood, which plays a key role in male development, and affects muscle mass, bone density, and sexual health among other functions.