Under the if-converted method, the impact of various convertible securities on the diluted earnings per share calculation are ranked from
A) the least dilutive impact to the most dilutive impact.
B) the most dilutive impact to the least dilutive impact.
C) the least number of assumed shares issued to the most.
D) the most number of assumed shares issued to the least.
B
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To improve internal control, paychecks should be distributed by the employee's supervisor
Indicate whether the statement is true or false
According to the Case: Battle for the Caribbean, two of the rival cruise lines were
a. founded by leaders who only used directive, tough leadership styles b. founded by leaders who only used supportive, considerate leadership styles c. founded by visionary leaders who had detailed, task-oriented leaders as partners d. founded by leaders who were high on both visionary leadership and directive, detailed-oriented leadership
Farmers National Bank lends money to Greta, taking a security interest in her assets. Later, Greta files a bankruptcy petition. From Farmers's point of view, once Greta is in bankruptcy, her assets have
A. decreased value, or no value. B. increased value. C. the same value. D. unique value.
Orsais a shareholder inPickles& PreservesCorporation. In some states, Orsamay be liable to the firm's creditors for unpaid corporate debts if she
a. accepts a dividend knowing that it was paid from retained earn¬ings. b. receives shares issued by the firmfor less than fair-market value. c. fails to fulfill her fiduciary duty to the majority shareholders. d. sellsher shares.