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Use the Following Information for Questions 108 and 109

question 128

Multiple Choice

Use the following information for questions 108 and 109.
Hanson Co. had 200,000 shares of common stock, 20,000 shares of convertible preferred stock, and $1,000,000 of 5% convertible bonds outstanding during 2015. The preferred stock is convertible into 40,000 shares of common stock. During 2015, Hanson paid dividends of $.60 per share on the common stock and $2 per share on the preferred stock. Each $1,000 bond is convertible into 45 shares of common stock. The net income for 2015 was $400,000 and the income tax rate was 30%.
-Diluted earnings per share for 2015 is (rounded to the nearest penny)

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Definitions:

Stress

The process by which we perceive and respond to certain events, called stressors, that we appraise as threatening or challenging.

Psychodynamic Theorists

Researchers and thinkers who analyze human behavior through the lens of unconscious processes, emotions, and childhood experiences as originally proposed by Freud.

Unconscious Mental Processes

Mental processes that occur without conscious awareness, influencing perceptions, thoughts, and behaviors.

Oedipus Complex

A psychoanalytic theory describing a child's feelings of desire for the opposite-sex parent and jealousy towards the same-sex parent.

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