Excerpts from Goodrow Corporation's Most Recent Balance Sheet and Income

question 40

Multiple Choice

Excerpts from Goodrow Corporation's most recent balance sheet and income statement appear below: Dividends on common stock during Year 2 totaled $20 thousand. Dividends on preferred stock totaled $10 thousand. The market price of common stock at the end of Year 2 was $5.34 per share.
-The book value per share at the end of Year 2 is closest to:

• A)$0.30
• B)$3.05
• C)$6.10
• D)$3.55

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Definitions:

Master Production Schedule

A detailed plan that outlines what a business needs to produce, how much, and when, over a certain period.

Aggregate Plan

An aggregate plan is a strategy for meeting forecasted demand by adjusting production rates, workforce levels, inventory levels, and other operational variables in the short to medium term.

Level Scheduling

A production planning method aimed at producing goods at a consistent rate, minimizing fluctuations in production levels and inventory.

Counterseasonal Demand

Demand for products or services that occurs during opposite or different seasons than the peak season.