On what date do employees take ownership of restricted stock units, thereby making them avallable for sale to the employee?: $*$

A$)$ The grant date.

B$)$ The vesting date.

C$)$ The award date.

D$)$ One year prior to the grant date.

Langkin, hc$.$ has the following information related to insurance expense on its balance sheets and Income Statement for the year:

Prepaid Insurance $($beginning balance$)$: $$10,000$ Prepaid Insurance $($ending balance$)$: $$5,000$ Insurance expense: $$47,000$

Under the indirect cash fow method, by how much will Langkin, Inc. adjust its Net Profit when calleulating Cash Fow From Operations? : $"$

A$)$ Increase Net Income by $$5,000$

B$)$ Increase Net Income by $$10,000$

C$)$ Decrease Net Income by $$5,000$

D$)$ Decrease Net Income by $$10,000$

$25.$ Super Software seIs a bundled sottware program for $$500$ that includes one year of technical support at no extra charge. All sales are for cash and are non$-$returnable. Super Software ses the software program without support for $$475$ and one year of technical support separately for $$75.$ When should the revenue for the buncled software program be recognized?: $*$

A$)$ When the customer pays the full buncled price

B$)$ The portion attributable to the software at the sals and the support portion over the support period

C$)$ Deter the full $$500$ and recognize evenly over the support period

D$)$ The portion attributable to the support at the sale and the software portion over the support period

$26.$ Company A purchases Company $B$ for $$7,000,000$ in $201.$ At the time of purchase, the fair market value Company B$\text{'}$s assets was determined to be $$5,000,000.$ In $202,$ the fair market value of the assets of Company $B$ have decreased to $$4,000,000$ and Company A writes down the impairment on its $202$ financlals appropriately. What will the value of Goodwill on Company A$\text{'}$s balance sheet at the end of $202$ after the impairment is recorded? : $*$

A$)$ $$2,000,000$

B$)$ $$5,000,000$

C$)$ $$4,000,000$

D$]$ $$1,000,000$

$27.$ Cattle Inc. recorded Net Income of $$45,000$ in the current year. The company also had the following relovant transactions:

Shares common stock outstanding: $30,000$ Shares of preferred stock convertible into common stock: $3,000$ Dividend issued and paid on preterred stock: $$8,000$

There was no repurchase or issuance of common stock, and none of the preferred stock was actually converted into common stock. What is the dlfuted earnings per share for the year $($rounded to two decimal places$)?"$

A$)$ $$1\mathrm{.}37$

B$)$ $$1\mathrm{.}66$

C$)$ $$1\mathrm{.}23$

D$)$ $$1\mathrm{.}12$