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NEW QUESTION: 1
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, 2,315 shares outstanding. Convertible into 3.3 shares of
*
common stock, Issue price $100
8% convertible preferred stock, $100 par, 2,572 shares outstanding. Convertible into 5 common
*
shares, Issue price $80
9,986 warrants are outstanding with an exercise price of $38. Each warrant is convertible into 1 share
*
of common.
Average market price of common is $52.00 per share.
*
Common shares outstanding at the beginning of the year were 40,045.
*
Net Income for the period was $200,000, while the tax rate was 40%.
*
What were the Basic EPS for the year?
A. 4.12
B. 3.97
C. 4.22
Answer: A
Explanation:
Basic EPS = (Net income - preferred dividends)/Wt Average shares of common = ($200,000
- $35,045)/40,045 = 164,955/40,405 = 4.12

NEW QUESTION: 2
Which of the following control? MOST efficiently ensures that orders transmitted from a sales office to a production warehouse are received accurately and completely?
A. Transaction totals and record counts should be sent and reconciled before transaction processing.
B. Data should be sent back to the originating site and compared to what was sent to production.
C. Parity checking should be incorporated into all data transmissions.
D. Continuity of numerical sequences for all sales orders should be checked.
Answer: A

NEW QUESTION: 3
The encryption technique that requires two keys, a public key that is available to anyone for encrypting messages and a private key that is known only to the recipient for decrypting messages, is:
A. Data encryption standard DES).
B. A cypher lock.
C. Rivest, Shamir, and Adelman RSA).
D. Modulator-demodulator.
Answer: C
Explanation:
RSA is an encryption standard licensed to hardware and software vendors. Public-key encryption requires management of fewer keys for a given client-server environment than does private-key encryption. However, compared with DES, RSA entails more complex computations and therefore has a higher processing overhead. RSA requires two keys: The public key for encrypting messages is widely known. but the private key for decrypting messages is kept secret by the recipient.

NEW QUESTION: 4
Fill in the blank.
What command will remove a physical volume from a volume group? (Specify ONLY the command without any path or parameters.)
Answer:
Explanation:
vgreduce