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NEW QUESTION: 1
An entity had 300,000 shares of ordinary shares issued and outstanding at December 31. Year 1 No shares were issued during Year 2. On January 1, Year 2, the entity issued 200,000 shares of nonconvertible preference shares. During Year 2, the entity declared and paid US $75,000 of cash dividends on the ordinary shares and US $60,000 on the preference shares. Profit for the year ended December 31. Year 2 was US $330.000. What is the entity's Year 2 basic earnings per share?
A. US $0.90
B. U3 $1.10
C. US $0.85
D. US $0.65
Answer: A
Explanation:
BEPS is equal to the amount of profit or loss attributable to ordinary equity holders divided by the weighted-average number of ordinary shares outstanding during the year. To calculate the numerator, dividends on cumulative preference shares must be subtracted from profit or loss whether or not the dividends were declared. Earnings per share for Year 2 thus amounted to US $0.90.

NEW QUESTION: 2
Why can terrorist financing be very difficult to identify?
A. Because of the various methods used to launder funds for terrorist financing
B. Terrorism is not a crime in all countries
C. It is hard to get a name added to the OFAC list of terrorists
D. The funds needed to conduct a terrorist act can be relatively small
Answer: D

NEW QUESTION: 3
What is the maximum distance between two 8 Gb FC ports that can be connected using 50UOM3 grade multimode fiber cable?
A. 250 meters
B. 150 meters
C. 500 meters
D. 300 meters
Answer: B

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