Questions and Answers: 166
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NEW QUESTION: 1


A. Option C
B. Option A
C. Option D
D. Option B
Answer: D
NEW QUESTION: 2
An IT manager is looking for a solution to high maintenance and repair costs in their organization. Which solution would help reduce these costs?
A. Horizon (with View) Client
B. vRealize Operations for Horizon
C. Thin Clients
D. VMware Mirage
Answer: C
Explanation:
Explanation/Reference:
Reference:
http://www.vmware.com/files/pdf/view/vmware-top-five-considerations-for-choosing-a-zero- client- environment-techwp.pdf
NEW QUESTION: 3
A. Option D
B. Option C
C. Option B
D. Option A
Answer: A
NEW QUESTION: 4
The Fischer Company had net income of $1,500,000. Fischer paid preferred dividends of $5 on each of the 100,000 preferred shares. There are 1 million Fischer common shares outstanding. In addition to the common and preferred stock, Fischer has $25 million of 4 percent bonds (par value: $100) outstanding. Each bond is convertible into 4 common shares. If Fischer's tax rate is 40 percent, what is its diluted earnings per share?
A. $0.80.
B. $1.00.
C. $0.33.
Answer: A
Explanation:
The numerator is net income plus the pre-tax interest. The number of bonds is $25 million /
$ 100 = 250,000. The bonds are convertible into 250,000 x 4 = 1 million common shares. Diluted EPS =
[$1,000,000 + $1,000,000(1 - 0.4)]/[1,000,000 + 1,000,000] = $0.80