In applying the treasury stock method of computing diluted earnings per share, when is it appropriate to use the average market price of common stock during the year as the assumed repurchase price?
a. Always
b. Never
c. When the average market price is lower than the exercise price
d. When the average market price is higher than the exercise price
D
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Small sellers should first concentrate their marketing efforts on reaching ________
A) approvers B) initiators C) influencers D) users E) initiators
On January 1, a machine with a useful life of five years and a residual value of $3,000 is purchased for $15,000 . What is the depreciation expense in year 2 using the double-declining-balance method?
a. $3,600 b. $4,800 c. $4,080 d. $6,000
In ________ research, the objective is to gather preliminary information that will help define the problem and suggest hypotheses
A) exploratory B) statistical C) causal D) analytic E) descriptive
Jim has been employed at Fortis Services for nearly 15 years in the same job. He has been offered promotions, but he likes what he does. Which statement would imply that Jim is low on openness to experience?
A. Jim is not conservative in his decision-making approaches. B. Jim often comes up with and implements radical ideas. C. Jim is known for being unconventional and daring in his business plans. D. Jim does not have narrow, conservative interests. E. Jim is not open to a wide range of stimuli.