Interest expense on convertible bonds that are dilutive is included in the numerator of the diluted earnings per share calculation at an amount equal to interest expense times

A) the yield rate.
B) the yield rate minus the stated rate.
C) the tax rate.
D) one minus the tax rate.


D

Business

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What will be an ideal response?

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Companies that manufacture identical items through a series of uniform production steps use ________ to determine the cost per unit produced.

A) a process costing system B) a job order costing system C) both of the above systems D) neither of the above systems

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The following information is provided: Units Work in process, May 1 (10% complete) 4,000 Started in May 17,000 Work in process, May 31 (20% complete) 3,000 Materials and conversion are incurred uniformly throughout the process. Equivalent units of production for conversion using the weighted average method would be

A) 17,400 B) 22,000 C) 21,000 D) 18,600

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Job satisfaction questionnaires should always ________ in order to get employees to tell the truth.

A. use the faces scale B. be anonymous C. use the Job Satisfaction Survey or a similar test D. be reviewed for bias E. provide a psychological profile of each employee

Business