If convertible bonds are dilutive, the interest expense added back to the numerator in calculating diluted earnings per share is
a. net of tax, and includes discount and premium amortization.
b. net of tax, but does not include discount and premium amortization.
c. not net of tax, but includes discount and premium amortization.
d. not net of tax, and does not include discount or premium amortization.
A
You might also like to view...
Which of the following initiates the communication process in the Shannon–Weaver model of communication?
A. receiver B. sender C. encoder D. channel
A company had the following purchases and sales during its first month of operations: January 1Purchased 10 units at $4.00 per unitJanuary 9Sold 6 units at $12.00 per unitJanuary 17Purchased 8 units at $5.50 per unitJanuary 27Sold 7 units at $12.00 per unit Using the Periodic weighted average method, what is the value of cost of goods sold? (Round weighted average cost per unit to 2 decimal places.)
A. $84. B. $27. C. $61. D. $5. E. $23.
Lark promises to buy Mac's used textbook for $60. Lark is
a. anofferor. b. an offeree. c. a promisee. d. a promisor.
DeFeet InternationalDeFeet International started as a cyclist sock company. The founder, Shane Cooper, said that the existing socks for cyclists were just not of great quality so he made socks for his cycling team by knitting them inside out. The socks were of special materials aimed at giving the cyclist the most comfortable fit. These socks were not the traditional white socks but bright, bold, and flashy colored socks with cool graphics. These high tech socks were priced around $10 a pair. Their web site says "DeFeet is Made for Driven Soles." Soon cycling elites like Lance Armstrong and Greg LeMond were sporting the DeFeet brand. The company branched into running, hiking and snow gear. Their products include socks, armskins, calfskins, boxer briefs, gloves, and shirts for the serious
athlete. They also have a custom department where socks, armskins, and gloves can be customized with any motif including sponsor types of logos like Michelin, Pabst Blue Ribbon, or BP. Even kids can enjoy DeFeet's high quality socks. DeFeet's products can be found in retailers across the world, in more than twenty countries, like Israel, Australia, Belgium and the United States. More than two-dozen online retailers also carry their products.Refer to DeFeet. DeFeet's _____ includes advertising, public relations, sales promotions, and personal selling. A. product B. place C. price D. promotion E. position