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NEW QUESTION: 1
DRAG DROP


Answer:
Explanation:

NEW QUESTION: 2
BWT, Inc. shows the following data in its financial statements at the end of the year. Assume all securities were outstanding at the beginning of the year:
6.125% convertible bond, convertible into 33 shares of common stock. Issue price $1,000, 100
*
bonds outstanding.
6.25% convertible preferred stock, $100 par, 3,710 shares outstanding. Convertible into 3.3
*
shares of common stock, Issue price $100
8% convertible preferred stock, $100 par, 5,604 shares outstanding. Convertible into 5 common
*
shares, Issue price $80
12,380 warrants are outstanding with an exercise price of $40. Each warrant is convertible into 1
*
share of common. Average market price of common is $53.00 per share. Common shares outstanding at the beginning of the year were 45,888.Net Income for the period was $200,000, while the tax rate was 40%.
What were the Diluted EPS for the year?
A. 2.16
B. 2.28
C. 2.20
Answer: C
Explanation:
(100 bonds)(33 shares/bond) = 3300 shares from bonds (100 bonds)($61.25 interest per bond) = $6125 interest paid ($6125)(1-.4) = $3675 interest saved (3710)(3.3) = 12243 shares from convertible preferred stock + (5604)(5) = 28020 shares from the other convertible preferred stock = 40263 total shares common from the conversion of the preferred shares. (12,380 warrants)($40 exercise price) =
$ 495,200 $495,200/$53 ave. price = 9343 shares common 12,380 - 9343 = 3,037 new shares from the warrants Preferred dividends = 3710shares x 6.25% = $23187.5 Preferred dividends = 5604 shares x
8 .00% = $44,832.00 Total = $23188 + $44832 = $68020 Diluted EPS = [(200,000 - 68020) + 68020 +
3 675]/(45,888 + 40,263 + 3,300 + 3,037) = $203675/92488shares = 2.20

NEW QUESTION: 3
Existing customers may be using old licenses including Standard Edition, Enterprise Edition, Foundation Suite, Mobility, Collaboration, analog, Basic IPT and Enhanced IPT Which types of licenses can or cannot be mixed on the same Communication Manager instance?
A. Core and power with Foundation mobility and collaboration suites can
B. Core and power cannot mixed.
C. Core and Power with Foundation Mobility and Collaboration suites and Standard and Enterprise can be mixed
D. Core and Power suite licenses and analog but not basic and enhanced IPT licenses can b
E. Core and power suite licenses cannot be mixed with other license types
Answer: A

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