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NEW QUESTION: 1
RC4 is a strong encryption protocol that is general used with which of the following?
A. WEP
B. PEAP
C. WPA2 CCMP
D. EAP-TLS
Answer: A
NEW QUESTION: 2
The management scope of an OMSn is the path from the input optical port on a multiplexer unit at the transmit site to the output optical port on a demultiplexer unit at the receive site, which is called an optical multiplexing section (OMS) path.
A. FALSE
B. TRUE
Answer: B
NEW QUESTION: 3
BWT, Inc. shows the following data in its financial statements at the end of the year. Assume all securities were outstanding at the beginning of the year:
6.125% convertible bond, convertible into 33 shares of common stock. Issue price $1,000, 100
*
bonds outstanding.
6.25% convertible preferred stock, $100 par, 3,710 shares outstanding. Convertible into 3.3
*
shares of common stock, Issue price $100
8% convertible preferred stock, $100 par, 5,604 shares outstanding. Convertible into 5 common
*
shares, Issue price $80
12,380 warrants are outstanding with an exercise price of $40. Each warrant is convertible into 1
*
share of common. Average market price of common is $53.00 per share. Common shares outstanding at the beginning of the year were 45,888.Net Income for the period was $200,000, while the tax rate was 40%.
What were the Diluted EPS for the year?
A. 2.28
B. 2.16
C. 2.20
Answer: C
Explanation:
(100 bonds)(33 shares/bond) = 3300 shares from bonds (100 bonds)($61.25 interest per bond) = $6125 interest paid ($6125)(1-.4) = $3675 interest saved (3710)(3.3) = 12243 shares from convertible preferred stock + (5604)(5) = 28020 shares from the other convertible preferred stock = 40263 total shares common from the conversion of the preferred shares. (12,380 warrants)($40 exercise price) =
$ 495,200 $495,200/$53 ave. price = 9343 shares common 12,380 - 9343 = 3,037 new shares from the warrants Preferred dividends = 3710shares x 6.25% = $23187.5 Preferred dividends = 5604 shares x
8 .00% = $44,832.00 Total = $23188 + $44832 = $68020 Diluted EPS = [(200,000 - 68020) + 68020 +
3 675]/(45,888 + 40,263 + 3,300 + 3,037) = $203675/92488shares = 2.20
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