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NEW QUESTION: 1
In calculating diluted earnings per share when an entity has convertible bonds outstanding, the weighted- average number of ordinary shares outstanding must be <List Ax to adjust for the conversion feature of the bonds, and the profit attributable to ordinary shareholders must be <List Be by the amount of interest expense on the bonds, net of tax.List A List B
A. Increased Increased
B. Increased Decreased
C. Decreased Decreased
D. Decreased Increased
Answer: A
Explanation:
The weighted-average number of ordinary shares outstanding must be increased to7 reflect the shares into which the bonds could be converted. Also, the effect of the bond interest on profit attributable to ordinary shareholders profit after subtracting preference dividends) must be eliminated. In this way, diluted earnings per share is calculated as if the bonds had been converted into ordinary shares as of the start of the year.
NEW QUESTION: 2
HOTSPOT
A Sales department user overwrites a version of a Word document on their device.
You need to monitor the company's environment according to the technical requirements.
What should you do? To answer, select the appropriate option from each list in the answer area.
Answer:
Explanation:
NEW QUESTION: 3
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Answer:
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