Dilutive convertible securities must be used in the computation of
a. basic earnings per share only.
b. diluted earnings per share only.
c. diluted and basic earnings per share.
d. none of these.
Ans: b. diluted earnings per share only.
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The obligation of a seller to transfer and deliver goods to the buyer or lessee in accordance with a sales or lease contract is known as ________
A) the rule of capture B) deliverance C) replevin D) tender of delivery
Computing systems that attempt to encompass and integrate all of a business’s processes in one interface are known as ___________________________________ (ERP).
Fill in the blank(s) with the appropriate word(s).
Clint contests the amount of a bill he received from Car Care Specialists. Under the Restatement, settlement of the claim:
a. is not valid consideration. b. is not a legal detriment to Clint if his contentions were not made in good faith. c. is valid consideration if at the time of the settlement the claim was doubtful because of uncertainty as to the facts. d. does not involve a disputed debt unless Clint contests both the existence of the obligation and the amount of the bill.