GIVEN:

DATE: SHARE CHANGE

1/1 BEGINNING BALANCE OF 200 SHARES

4/1 PURCHASED 20 SHARES

8/1 A 2-FOR-1 STOCK SPLIT IS ANNOUNCED, RESULTING IN THE ISSURANCE OF 180 SHARES

10/1 ISSUED 60 ADDITONAL SHARES FOR CASH

11/1 PURCHASED 12 SHARES

For EPS, the weighted average number of shares is:

Select one: a. 387 b. 273 c. 398 d. 443 e. 383

Contingent share agreements based simply on time passing will

Select one: a. Always decrease DEPS b. Always increase DEPS c. Increase the DEPS numerator d. Decrease the DEPS denominator

A company grants its executives stock options as a form of compensation.

The amount used to determine the effect on net income during the service period is the:

Select one: a. Option Price b. Fair Value c. Par Value d. Book Value