答案和详解如下： Q60. What was the after-tax interest charge? A) $6,215. B) $2,450. C) $3,675. Correct answer is C) (0.06125)(1,000)(100) (6,125)(1 − 0.4) = 3,675 Q61. How many new shares had to be issued to facilitate warrant conversion? A) 2,689. B) 13,665. C) 9,986. Correct answer is A) 9,986 × $38 = $379,468 $379,468 / $52 = 7,297 common shares 9,986 − 7,297 = 2,689 new common shares Q62. What were the basic and diluted EPS for the year? Basic EPS Diluted EPS
A) $3.97 $3.06 B) $4.12 $3.06 C) $4.12 $2.95 Correct answer is B) Basic EPS = Net income − preferred dividends / Wt Average shares of common = ($200,000 − $35,045) / 40,045 = 164,955/40,405 = $4.12 Diluted EPS: (100 bonds)(33 common shares/bond) = 3,300 common shares (2,315 preferred shares)(3.3) = 7,640 (2,572 preferred shares)(5) = 12,860 7,640 + 12,860 = 20,500 common shares from preferred [($200,000 − $35,045) + $35,045 + $3,675] / (40,045 + 3,300 + 20,500 + 2,689) = $203,675 / 66,534 shares = $3.06 Q63. Common size income statements express all income statement items as a percentage of: A) net income. B) sales. C) assets. Correct answer is B) Common size income statements express all income statement items as a percentage of sales. Note that common size balance sheets express all balance sheet accounts as a percentage of total assets. | 
发表于 2009-1-17 10:07
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