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NEW QUESTION: 1
Home-care instructions for the child following a cardiac catheterization should include:
A. Keep a clean, dry dressing on the insertion site for 2 days.
B. Use sponge bathing until stitches are removed.
C. Notify the physician if a slight bruise develops around the insertion site.
D. Give aspirin if the child complains of pain at the insertion site.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
(A) A small bruise may develop around the insertion site and is not a reason for alarm. (B) It is best to keep the child out of the bathtub until the sutures are removed. (C) Acetaminophen, not aspirin, is the drug of choice if there is pain at the insertion site. (D) The insertion site should be kept clean and dry and open to air.
NEW QUESTION: 2
How will dilutive securities affect a firm's diluted earnings per share (EPS)?
A. Neither raise nor lower EPS.
B. Either lower or raise EPS depending upon if the security is dilutive or antidilutive.
C. Lower EPS.
Answer: C
Explanation:
Dilutive securities such as convertibles and options are found in a complex capital structure and always lower EPS. Convertibles and options may also be antidilutive, which will raise EPS hence the name antidilutive. The only way to know if a security is dilutive or antidilutive is to compare the basic EPS to diluted EPS. If the diluted EPS is higher than the basic EPS then the security is antidulutive and should not be included when determining diluted EPS.
NEW QUESTION: 3
A company is formulating its plans for the coming year, including the preparation of its cash budget. Historically, 30% of the company's sales are cash sales. The remaining 70% are credit sales with the following collection pattern:
Sales for the first 5 months of the coming year are forecast as follows:
For the month of April, the total cash receipts from sales and collections on account would be:
A. US$4,408,000
B. US$4,025,200
C. US$3,781,600
D. US$3,729,968
Answer: C
Explanation:
The cash receipts for April equal April's cash sales (US $4,000,000 x 30% = US $1,200,000), 40% of April's credit sales, and 58% of March's credit sales. Consequently, total cash receipts equal US $3.781600 [$1,200,000 + ($4,000,000 x 40% x 70%) + ($3,600,000 x 58% x 70%)].
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