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  • Exam Code: API-571
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NEW QUESTION: 1
What is the effect on the basic earnings per share (EPS) equation when the proceeds received from the exercise of a warrant must be used to retire debt?
A. The numerator and denominator must be adjusted.
B. No adjustment is necessary.
C. The denominator must be adjusted, but not the numerator.
Answer: A
Explanation:
The exercise of the warrant increases the weighted number of shares in the denominator.
The retirement of debt will increase net income in the numerator since the firm will pay less interest.

NEW QUESTION: 2
A technician add memory to a router, but that memory is never recognized by the router. The router is then powered down, and the technician relocates all of the memory to different modules. On startup, the router does not boot and displays memory errors. Which of the following is MOST likely the cause?
A. ESD
B. VTP
C. Driver update
D. Halon particles
Answer: C

NEW QUESTION: 3

A. Option C
B. Option A
C. Option E
D. Option D
E. Option B
Answer: B,D

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