Alciatore company reported a net income of $150,000 in 2016. the weighted-average number of common shares
outstanding for 2016 was 40.000. the average stock price for 2016 was 533. assume an income tax rate of 40%.
required:

for each of the following independent situations. indicate whether the effect of the security is antidilutive for diluted eps.
1. 10,000 shares of 7.7% of 5100 par convertible, cumulative preferred stock each share may be converted into two
common shares.

2 8% convertible 10-year. 5500.000 of bonds, issued at face value. the bonds are convertible to 5.000 shares of common
stock.

3. stock options exercisable at 530 per share after january 1. 2018.

4. warrants for 1,000 common shares with an exercise price of $35 per share.

5. a contingent agreement to issue 5,000 shares of stock to the company president if net income is at least $125,000 in
2017.

Magic realm, inc., has developed a new fantasy board game. the company sold 15,000 games last year at a selling price of $20 per game. fixed expenses associated with the game total $182,000 per year, and variable expenses are $6 per game. production of the game is entrusted to a printing contractor. variable expenses consist mostly of payments to this contractor.required: 1-a. prepare a contribution format income statement for the game last year.1-b. compute the degree of operating leverage.2. management is confident that the company can sell 58,880 games next year (an increase of 12,880 games, or 28%, over last year). given this assumption: a. what is the expected percentage increase in net operating income for next year? b. what is the expected amount of net operating income for next year? (do not prepare an income statement; use the degree of operating leverage to compute your answer.)

Because this market is a monopolistically competitive market, you can tell that it is in long-run equilibrium by the fact thatmr=mc at the optimal quantity for each firm. furthermore, a monopolistically competitive firm's average total cost in long-run equilibrium isless than the minimum average total cost. true or false: this indicates that there is a markup on marginal cost in the market for engines. true false monopolistic competition may also be socially inefficient because there are too many or too few firms in the market. the presence of the externality implies that there is too little entry of new firms in the market.

Consider the labor market for computer programmers. during the late 1990s, the value of the marginal product of all computer programmers increased dramatically. holding all else equal, what effect did this process have on the labor market for computer programmers? the equilibrium wagea. increased, and the equilibrium quantity of labor decreased. b. decreased, and the equilibrium quantity of labor increased. c. increased, and the equilibrium quantity of labor increased. d. decreased, and the equilibrium quantity of labor decreased.