As of Jan 1, 2021, Ranko Ltd had 900,000 common shares outstanding (no preferred shares). Throughout 2021, Ranko issued 120,000 shares on May 1, purchased 72,000 treasury shares on Sep 1, and issued another 84,000 shares on Nov 1. The "weighted" average of common shares outstanding for 2021, therefore, is: O a. 938,000 O b. 970,000 O c. 1,018,000 O d. 994,000 As of Jan 2, 2021, Finland Co. issued at par $600,000, 9% convertible bonds. For every $1,000 of bond, the holders can convert them into 30 shares. During 2021, no bonds were converted. During 2021, there were 100,000 common shares outstanding (no preferred shares issued). Finland's 2021 net income was $320,000 and their tax rate was 30%. What would Finland's DILUTED EPS be for 2021? O a. $3.03. O b. $2.71. $3.20. O d. $3.58. Equipment was purchased at the start of the year. Depreciation recognized throughout the useful life of the equipment could result in O a. Taxable Temporary Differences - Yes / Deductible Temporary Differences - Yes O b. Taxable Temporary Differences - No/ Deductible Temporary Differences - No Oc. Taxable Temporary Differences - No / Deductible Temporary Differences - Yes O d. Taxable Temporary Differences - Yes / Deductible Temporary Differences - No For it's first three years of operations, Jumper Co. reported the following results: 2020 income before taxes - $20,000 2021 loss before taxes $(180,000) 2022 income before taxes - $200,000 Throughout these 3 years, there were no reverisble or permanent differences. Jumper has a tax rate of 30% for 2020 and 2021, and 40% for 2022, and assume that any "deferred" tax asset recognized is "more likely than not to be realized". What income (loss) is reported for 2021 if Jumper elects to use the carryback provisions? O a. $0 O b. Loss of $110,000 Oc. Loss of $180,000 O d. Loss of $174,000