Assume the Parent Owns 90% of the Subsidiary and Has

question 9

Multiple Choice

Assume the parent owns 90% of the subsidiary and has an adjusted internally generated net income of $100,000 and 5,000 shares of common stock outstanding.Also assume the parent has dilutive bonds outstanding that are convertible into 2,000 shares of common stock and the interest paid on these bonds was $4,000.What is the consolidated diluted earnings per share (DEPS) if the subsidiary data include: 3,000 shares of common stock, 150 shares of convertible bonds that are held by parent, 5 shares of common stock that are from convertible bonds outstanding by subsidiary and subsidiary diluted earnings per share of $ 6.88.

• A)​$ 20.80
• B)​$ 25.48
• C)​$ 18.25
• D)​$ 14.86

Identify and implement effective organizational patterns for the content of presentations.

Recognize the impact of the presentation medium and audience characteristics on presentation style and preparation.

Comprehend the essential elements of effectively concluding a speech.

Understand the role and implementation of visual aids in enhancing communication in presentations.

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Definitions:

Payments

The transfer of money or goods in exchange for products, services, or to fulfill a legal obligation.

Principal

The amount of money originally invested or loaned, on which basis interest and returns are calculated.

Effective Annual Rate

The interest rate on an investment or loan that considers the effects of compounding over a one-year period.

Interest

The cost of borrowing money, typically expressed as a percentage of the principal, to be paid over a specified period.