Which of the following is correct regarding the effect that dilutive convertible bonds have on the earnings per share computation?
a. The number of shares the bonds would convert to is added to the denominator; interest, net of tax, is subtracted from the numerator.
b. The number of shares the bonds would convert to is added to the denominator; interest net of tax is added to the numerator.
c. The number of shares the bonds would convert to is subtracted from the denominator; interest, net of tax, is subtracted from the numerator.
d. The number of shares the bonds would convert to is subtracted from the denominator; interest, net of tax, is added to the numerator.
B
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An advantage of basing bad debt expense on the historical relationship between bad debts and net credit sales is that
A) it provides the best estimate of the net realizable value of accounts receivable. B) it provides the best information to the credit department to use in its collection activities. C) it best adheres to principle of cause and effect recognition. D) it considers the balance in the allowance account when making the bad debt expense estimate.
Why is it important to understand different personalities?
What will be an ideal response?
In the 1950s, Americans made a massive exit ________
A) from the South to the Northeast B) from the West to the Midwest C) to foreign countries D) from the cities to the suburbs E) from the coastal towns to the cities
_______ is the formal and informal sharing of meaningful and timely information between firms
a. Customer selection b. Ordering selection c. Communication d. Continuity