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Kitty [74]
3 years ago
10

Timothy, a cashier, is given a twenty-dollar bill at his store. He is suspicious of the customer and wants to make sure the curr

ency is real. Which would be a clue that the currency is counterfeit?
There are watermarks in the paper bill.

There is a security thread in the paper bill.

There is no gold standard backing the bill.

There is no change in the color of the bill's ink.
Business
2 answers:
san4es73 [151]3 years ago
6 0

Answer:

There is no change in the color of the bill's ink.

Explanation:

Couterfait currency refers to fake money that is printed without permission of the government and it is considered fraud. A clue that the currency is counterfeit is that there is no change in the color of the bill's ink because if you have a bill and you move it back and forth and look at the lower right corner, the numbers there have ink that shifts its color from green to black.

slega [8]3 years ago
3 0
A clue that the currency is counterfeit would be if the bill had no change in the color of the bill's ink. 
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In 2019, Carla Enterprises issued, at par, 60 $1,000, 8% bonds, each convertible into 100 shares of common stock. Carla had reve
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Answer:

Diluted earnings per share for 2020. is 93 cents

Explanation:

Diluted Earnings per share shows the<em> future position</em> of the Earnings per shareholders once the potential shareholders begin exercising their rights.

Potential Shareholders exists due to Financial Instruments that <em>might be converted into ordinary shares</em>. Examples are Convertible Bonds, Options, Convertible Preference shares.

<em>Step 1 Calculate Basic Earnings Per Share</em>

Basic Earnings Per Share = Earnings Attributable to Ordinary Shareholders / Weighted Average Number of Ordinary Shares in Issue during the period.

<u>Profits attributable to Ordinary Shareholders :</u>

Earnings  ( $14,700 - $6,900)                                                     $7,800

<em>Less</em> After tax Interest on Bonds (60×$1,000×8%×80%)         ( $3,840)

Profits attributable to Ordinary Shareholders                           $ 3960

<u>Weighted Average Number of Ordinary Shares</u>

Common stock  outstanding                                                       2,400 shares

Basic Earnings Per Share = $ 3960/ 2,400

                                            = 165 cents

<em>Step 2 Calculate Diluted Earnings Per Share</em>

Diluted Earnings Per Share = Adjasted Basic Earnings per Share Earnings/ Adjasted  Number of Ordinary Shares

<em></em>

<u>Adjusted Basic Earnings per Share Earnings</u>

Profits attributable to Ordinary Shareholders                           $ 3960

Add Savings on Interest (60×$1,000×8%×80%)                        $3,840

<em>Adjusted Basic Earnings per Share Earnings                          $7,800</em>

<u>Adjusted  Number of Ordinary Shares</u>

Common stock  outstanding                                                       2,400 shares

Add 60× 100 shares of Convertible Bonds                                6,000 shares

<em>Adjusted  Number of Ordinary Shares                                    8,400 shares</em>

Diluted Earnings Per Share =  $7,800/8,400 shares

                                                = 93 cents

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