On January 2, 2016, Lang Co. issued at par $10,000 of 4% bonds convertible in total into 1,000 shares of Lang’s common stock. No bonds were converted during 2016.Throughout 2016, Lang had 1,000 shares of common stock outstanding. Lang’s 2016 net income was $1,000. Lang’s income tax rate is 50%.No potential common shares other than the convertible bonds were outstanding during 2016. Lang’s diluted earnings per share for 2016 would bea. $ .50b. $ .60c. $ .70d. $1.00International Financial Reporting Standards are tested on the CPA exam along with U. S. GAAP. The following questions deal with the application of IFRS in accounting for share-based compensation.

Which of the following statements about brand names is true? brand names give the seller an incentive to provide consistently high-quality products and services in order to protect the reputation of the brand. brand names are always economically wasteful since they dupe consumers into buying more expensive goods and services that are no different from generic versions. it is always rational to prefer brand names over generic substitutes. read the following example and determine whether it illustrates a common critique or defense of advertising. musashi sees a commercial for a brand x clothing company that depicts the wearers of the clothes out having a good time with friends. although he doesn't particularly need new clothes, the commercial prompts him to buy a brand x t-shirt.

Identify at least 3 body language messages that project a positive attitude

As the inventor of hypertension medication, onesure pharmaceuticals (osp) inc. was able to reap the benefits of economies of scale due to a large consumer demand for the drug. even when competitors later developed similar drugs after the expiry of osp's patents, regular users did not want to switch because they were concerned about possible side effects. which of the following benefits does this scenario best illustrate? a. first-mover advantages b. social benefits c. network externalities d. fringe benefits