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NEW QUESTION: 1
Which of the following statements regarding networking is false?
A. Networking activities include proactive correspondence, luncheon meetings, informal conversations
B. Networking is a technique of developing relationships with people who may be able to assist in the achievement of objectives
C. Networking is a tool/technique of manage project team process
D. None of the choices are correct
Answer: C

NEW QUESTION: 2
A technician needs to create a private shared folder for each employee at a small business to store their files. The technician wants the main folder to be called "Employee Documents" and the subfolders to be named after each employee (e.g. "John Smith"). The technician wants to map the "Employee Documents" folder on all computers as the M:\ drive for all users. Each employee should only have access to their own folder without the ability to change permissions. Which of the following permissions should the technician set?
A. Set share permissions for "Employee Documents" to Everyone = Full Control, and set NTFS permissions for all subfolders to Creator Owner = Modify
B. Set share permissions for "Employee Documents" to Everyone = Read, and set NTFS permissions for all subfolders to Creator Owner = Read & Execute
C. Set share permissions for "Employee Documents" to Everyone = Change, and set NTFS permissions for all subfolders to Creator Owner = List Folder Contents
D. Set share permissions for "Employee Documents" to Everyone = Full Control, and set NTFS permissions for all subfolders to Creator Owner = Full Control
Answer: A

NEW QUESTION: 3
The following data pertains to the Sapphire Company:
Net income equals $15,000
*
5,000 shares of common stock issued on January 1st
*
10 percent stock dividend issued on June 1st
*
1000 shares of common stock were repurchased on July 1st
*
1000 shares of 10 percent, par $100 preferred stock each convertible into 8 shares of common
*
were outstanding the whole year.
What is the company's diluted earnings per share (EPS)?
A. $1.20.
B. $1.00.
C. $1.15.
Answer: B
Explanation:
Number of average common shares:
1 /1 5,500 shares issued (includes 10% stock dividend on 6/1) x 12 = 66,000 7/1 1,000 shares repurchased x6 months = -6,000 = 60,000 60,000 shares/12 months = 5,000 average shares Preferred dividends = ($10)($1000) = $10,000 Number of shares from the conversion of the preferred shares =
(1000 preferred shares)(8 shares of common/share of preferred) = 8000 common Diluted EPS =
[$15,000(NI) - $10,000(pfd) + $10,000(pfd)]/5000(common shares) + 8000(shares from the conv.
pfd.shares) = $15,000/13,000 shares = $1.15/share
This number needs to be compared to basic EPS to see if the preferred shares are antidilutive.
Basic EPS = [$15,000(NI) - $10,000(preferred dividends)]/5,000 shares = $5,000/5,000 shares = $1/share
Since the EPS after the conversion of the preferred shares is greater than before the conversion the preferred shares are antidilutive and they should not be treated as common in computing diluted EPS.
Therefore diluted EPS is the same as basic EPS or $1/share.