Which of the following statements about antidilutive securities and their effect on EPS are true? (Select all that apply.) Check All That Apply Dilutive securities are ignored when calculating both basic and diluted EPS. Dilutive securities are ignored when calculating both basic and diluted EPS. It is not immediately obvious whether the effect of the conversion of a particular convertible security would be dilutive or antidilutive. It is not immediately obvious whether the effect of the conversion of a particular convertible security would be dilutive or antidilutive. If the effect of the conversion or exercise of potential common shares would be to increase EPS, the related securities are referred to as antidilutive securities. If the effect of the conversion or exercise of potential common shares would be to increase EPS, the related securities are referred to as antidilutive securities. To determine whether convertible securities are dilutive, we can compare the "incremental effect" of the conversion (expressed as a fraction) with the EPS fraction before the effect of any convertible security is considered. To determine whether convertible securities are dilutive, we can compare the "incremental effect" of the conversion (expressed as a fraction) with the EPS fraction before the effect of any convertible security is considered.

10.     lucy is catering an important luncheon and wants to make sure her bisque has the perfect consistency. for her bisque to turn out right, it should have the consistency of a. cold heavy cream. b. warm milk. c. foie gras. d. thick oatmeal. student d   incorrect

Required information problem 15-1a production costs computed and recorded; reports prepared lo c2, p1, p2, p3, p4 [the following information applies to the questions displayed below. marcelino co.'s march 31 inventory of raw materials is $84,000. raw materials purchases in april are $540,000, and factory payroll cost in april is $364,000. overhead costs incurred in april are: indirect materials, $59,000; indirect labor, $26,000; factory rent, $38,000; factory utilities, $19,000; and factory equipment depreciation, $58,000. the predetermined overhead rate is 50% of direct labor cost. job 306 is sold for $670,000 cash in april. costs of the three jobs worked on in april follow. job 306 job 307 job 308 balances on march 31 direct materials $30,000 $36,000 direct labor 25,000 14,000 applied overhead 12,500 7,000 costs during april direct materials 133,000 210,000 $100,000 direct labor 105,000 150,000 101,000 applied overhead ? ? ? status on april 30 finished (sold) finished in process (unsold) required: 1. determine the total of each production cost incurred for april (direct labor, direct materials, and applied overhead), and the total cost assigned to each job (including the balances from march 31). a-materials purchases (on credit). b-direct materials used in production. c-direct labor paid and assigned to work in process inventory. d-indirect labor paid and assigned to factory overhead. e-overhead costs applied to work in process inventory. f-actual overhead costs incurred, including indirect materials. (factory rent and utilities are paid in cash.) g-transfer of jobs 306 and 307 to finished goods inventory. h-cost of goods sold for job 306. i-revenue from the sale of job 306. j-assignment of any underapplied or overapplied overhead to the cost of goods sold account. (the amount is not material.) 2. prepare journal entries for the month of april to record the above transactions. 3. prepare a schedule of cost of goods manufactured. 4.1 compute gross profit for april. 4.2 show how to present the inventories on the april 30 balance sheet.

If a product goes up in price, and the demand for it drops, that product's demand is a. elastic b. inelastic c. stable d. fixed select the best answer from the choices provided