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NEW QUESTION: 1
On January 1, 2000 the Meery Lunch Co. had 509,000 shares of common stock outstanding. During
2 000 it had the following transactions that affected the common stock account.
February 1 Issued 133,000 shares
*
March 1 Issued 10% stock dividend
*
May 1 Acquired 114,000 shares of treasury stock
*
June 1 Issued a 3-1 stock split
*
October 1 Reissued 79,000 shares of treasury stock
*
Determine the weighted average number of shares outstanding as of December 31, 2000 and then assume that Meery Lunch Co earned net income of 3,456,000 during 2000. In addition it had 111,000 shares of 9%, $100 par non convertible, noncumulative preferred stock outstanding for the entire year.
Because of liquidity considerations however the company did not declare and pay any dividends in 2000.
Compute earnings per share for the year 2000.
A. 2.96
B. 2.27
C. 1.87
Answer: C
Explanation:
Jan 1 - Feb 1: 509,000 * 1.1 * 3 * 1/12 = 139,975 Feb 1 - May 1: (509,000 + 133,000) * 1.1 * 3
* 3/12 = 529,650 May 1 - Oct 1: (642,000 * 1.1 * 3 - 114,000 * 3) * 5/12 = 740,250 (1,679,700 + 79,000) * 3
/ 12 = 439,675 Total: 1,849,550 EPS= Net Income/ Weighted average shares = 3,456,000 / 1,849,550 =
1 .87

NEW QUESTION: 2
How could a role in which all users must specify an index=clause in all searches be configured?
A. Set the authorize.conf setting: srchJobsQuota to no value.
B. Set the authorize.conf setting: srchFilter to no value.
C. Set the authorize.conf setting: srchIndexesDefault to no value.
D. Set the authorize.conf setting: srchIndexesAllowed to no value.
Answer: B

NEW QUESTION: 3

A. 0
B. 1
C. 2
D. 3
Answer: A
Explanation:
Administrative distance is the feature that routers use in order to select the best path when
there are two or more different routes to the same destination from two different routing protocols. Administrative distance defines the reliability of a routing protocol. Each routing protocol is prioritized in order of most to least reliable (believable) with the help of an administrative distance value.
Default Distance Value Table
This table lists the administrative distance default values of the protocols that Cisco supports:
Route Source Default Distance Values
Connected interface 0 Static route 1 Enhanced Interior Gateway Routing Protocol (EIGRP) summary route 5 External Border Gateway Protocol (BGP) 20 Internal EIGRP 90 IGRP 100
OSPF 110
Intermediate System-to-Intermediate System (IS-IS) 115 Routing Information Protocol (RIP) 120 Exterior Gateway Protocol (EGP) 140 On Demand Routing (ODR) 160 External EIGRP 170 Internal BGP 200 Unknown* 255