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NEW QUESTION: 1
A. No
B. Yes
Answer: B
NEW QUESTION: 2
An engineer must design a multicast network for a financial application. Most of the multicast sources also receive multicast traffic (many-to-many deployment model). To better scale routing tables, the design must not use source trees. Which multicast protocol satisfies these requirements?
A. PIM-SM
B. BIDIR-PIM
C. PIM-SSM
D. MSDP
Answer: B
NEW QUESTION: 3
A firm issued 2 million warrants with an exercise price of 102 on June 15, 1996. The maximum price of the stock in 1996 was 129, the average price was 110. The stock closed out the year at 99. How many additional shares must be used in the computation of Diluted EPS as a result of these warrants?
A. zero
B. 145,454
C. 78,788
D. 111,782
Answer: C
Explanation:
Explanation/Reference:
Explanation:
The conversion assumptions for options and warrants are as follows:
1. They are assumed to be exercised at the beginning of the period or at the time of issuance, whichever is later.
2. They enter into the Diluted EPS calculations only if the average stock price during the period exceeds the exercise price. With the Treasury stock method, the total shares repurchased using exercise proceeds
= 2*102/110 = 1,854,546. Thus, additional shares issued = 2 million - 1,854,546 = 145,454. These are outstanding for 6.5 months. Therefore, additional weighted shares = 145,454*6.5/12 = 78,788.
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