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NEW QUESTION: 1
A. Option B
B. Option C
C. Option D
D. Option A
Answer: A
NEW QUESTION: 2
All of the following securities may affect the numerator in the basic EPS equation EXCEPT:
A. restricted warrants.
B. convertible preferred stocks or convertible bonds.
C. options.
Answer: C
Explanation:
Options only affect the denominator in the basic EPS equation because option exercise has no impact on earnings available to the common shareholder. Warrants may affect the numerator if the proceeds generated via exercise are restricted to the retirement of debt, which will reduce the firm's interest expense and, thus, increase available earnings. If convertible preferred stock is dilutive, the convertible preferred dividends must be added back to earnings. If convertible bonds are dilutive, then interest expense x (1-t) is added back to the numerator.
NEW QUESTION: 3
What happens when you attempt to compile and run the following code?
#include <iostream>
#include <string>
using namespace std;
class A {
int x;
protected:
int y;
public:
int z;
A() { x=1; y=2; z=3; }
};
class B : public A {
string z;
public:
void set() {
y = 4;
z = "John";
}
void Print() {
cout << y << z;
}
};
int main () {
B b;
b.set();
b.Print();
return 0;
}
A. It prints: 4John
B. It prints: 23
C. It prints: 43
D. It prints: 2John
Answer: A
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