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NEW QUESTION: 1
The following information pertains to Bender, Inc., for last year:
Net income of $25 million
*
1 million shares of $10 par value preferred stock outstanding paying a 10% dividend
*
50 million shares of common stock outstanding at the beginning of the year
*
Issued an additional 5 million shares of common stock 6 months ago
*
What is Bender Inc.'s basic earnings per share (EPS)?
A. $.436.
B. $.457.
C. $.476.
Answer: B
Explanation:
50,000,000 common shares x 12months = 600,000,000 5,000,000 common shares x 6 months = 30,000,000 = 630,000,000 630,000,000/12 = 52,500,000 average shares [$25,000,000(NI) -
$ 1,000,000(preferred dividends)]/52,500,000 shares = 24,000,000/52,500,000 = 0.457

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A. True
B. False
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NEW QUESTION: 3
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Which of the following reads and writes data across network connections by using the TCP/IP protocol?
A. Netcat
B. NSLOOKUP
C. Fpipe
D. 2Mosaic
Answer: A

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