A company with a 40% tax rate had 50,000 shares of common stock and the following three potentially dilutive issues outstanding for the entire year: 1 . 6%, $100 par preferred stock, 200 shares outstanding, each convertible into 5 shares of common stock 2 . 200, 6% convertible bonds, face $1,000, sold at par, each bond convertible into 40 shares of common stock 3 . 2,000 employee stock options to
purchase on share of common stock each at $5 . The average market price of the common stock for the year was $20 What is the correct ordering (ranking) of the dilutive issues for determining their inclusion into diluted earnings per share?
a. 1, 2, 3
b. 3, 1 . 2
c. 3, 2, 1
d. 2, 1 . 3
C
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Describe virtualization
All of the following are wrong choices of words that contribute to audience’s boredom or confusion during your speech, EXCEPT
a. words that lack vividness. b. words that are difficult to understand. c. words that are easy to understand. d. words that don’t capture the imagination.
Which of the following would be considered a “hard power” influence tactic?
A. exchange B. rational persuasion C. apprising D. pressure
In a command economy,
A. marketing activities such as market research are encouraged. B. consumers usually have very limited freedom of choice. C. producers have a great deal of choice about what and how much to produce. D. prices usually fluctuate according to supply and demand. E. consumers decide what is to be produced and by whom.