Answer:
Explanation:
A.)
The Basic EPS can be determined by using the formula:








∴


B.)
The calculations for the numerator and denominator effect are:

Convertible on preferred stock 

Convertible Bond 
= 2.80
Stock options 
= 0
Determination of the numerator & denominator effect for each convertible securities shown above are:
Numerator (N) Denominator (D) Dilution index = N/D
Net income $2,600,000
Less: Preferred $300000
Dividend
<em>Common stock A</em>
<em>Net income </em>$2,300,000<em> </em> 800,000 2.875
Add: Stock
Options (B) 0 25000
Total (C) = (A + B) $2300000 825000 2.788
Add: Convertible
Bonds (D) 428000 10000
Total (E) = (C+D) $2328000 835000 2.787
Add: Convertible
Preferred Stock (F) $300000 250000
Total (E) + (F) $2628000 1085000 2.422
C.)
Particulars Dilutive Index Rank (most dilutive is 1.)
Stock Option 2.788 1
Convertible Bonds 2.787 3
Preferred Stock 2.422 2
D.)
From above, the convertibles are diluted EPS (DEPS)
÷



North Korea Nuclear testing. Since China is doing nothing to stop it, sanctions can be placed on China (maybe) and aid provided to Japan's defense department as well as south koreas.
If the government agreed to purchase the surplus output and introduced a guaranteed price floor of $40, then most likely the government <span>'s total support payments to producers would be $4000 per week. We have a 180 quantity demanded and we have 280 quantity supplied, we will get the surplus by subtracting the supply by demand. So, 280 - 180 = 100 x price of 40 = 4000.</span>
Answer:
The first bank will be short of reserves in the amount of $1,000
Explanation:
According to the given data, we have the following:
bank excess reserves=$5,000
reserve ratio=20%
Total Reserve= $5000+(20%*$5,000)= $6,000
Therefore, to calculate the reserve shortage we would have to make the following calculation:
reserve shortage=$6,000 - $5,000 = $1,000
The first bank will be short of reserves in the amount of $1,000