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NEW QUESTION: 1
A firm has 400 preferred stocks outstanding. It started the year with 900 common stocks and over the year, had the following transactions:
Feb 15 Issued 300 common shares.
May 1 Redeemed 100 preferred shares.
Aug 15 Repurchased 150 common shares.
Nov. 30 Issued 400 common shares.
In the calculation of EPS, the number in the denominator would be closest to:
A. 0
B. 1
C. 2
D. 3
Answer: B
Explanation:
Explanation/Reference:
Explanation:
The number of preferred stocks is not relevant in the calculation of the denominator of simple EPS. It had
900-150 = 750 shares for 12 months, 150 shares for 7.5 months (repurchased in Aug), 300 shares for 10.5 months (issued in Feb) and 400 shares for 1 month (issued in Nov). Hence, weighted # of shares = 750 + (7.5/12*150) + (10.5/12*300) + (1/12*400) = 1,139.6

NEW QUESTION: 2
As it relates to the data analytics process, which of the following best describes the purpose of an internal auditor who cleaned and normalized data?
A. The auditor eliminated duplicate information.
B. The auditor made data usable for a specific purpose by ensuring that anomalies were identified and corrected.
C. The auditor organized data to minimize useless information.
D. The auditor ensured data fields were consistent and that data could be used for a specific purpose.
Answer: B

NEW QUESTION: 3
Which programming language are the Cisco UCS Director custom workflow tasks written in?
A. Java
B. C++
C. Cloupia Script
D. Python
Answer: C