Weaver company had 100,000 shares of common stock issued and outstanding at january 1. on july 1, weaver issued a 10% stock dividend. unexercised call options to purchase 20,000 shares of weaver’s common stock (adjusted for the stock dividend) at $20 per share were outstanding at the beginning and end of the year. the average market price of weaver’s common stock (which was not affected by the stock dividend) was $25 per share during the year. net income for the year ended december 31 was $550,000. what should be weaver’s diluted earnings per share (deps) for the year?

$4.82

Explanation: Diluted EPS is a calculation used to gauge the quality of a company's earnings per share (EPS) if all convertible securities were exercised. It can be said to be a profitability calculation that measures the amount of income each share will receive if all of the diluted securities are realized

From the above question, the DEPS is calculated thus:

Proceeds from unexercise call options(20,000 shares × $20)=$400,000

Treasury shares = $400,000/$25 = 16,000

Purchased shares = 20,000 -16,000 = 4,000

Therefore Incremental shares = 4,000

The incremental shares of 4,000 + 100,000+10% stock dividend of 10,000 = 114,000 shares.

DEPS = $550,000/114,000 = 4.82

answer; /// i do believe the correct answer is (possession utility);

ans.

heterothermic organisms include those organisms that can switch between homeothermic (having body temperature higher than environment) and poikilothermic (having variation in internal body temperature) strategies.

some migratory birds show heterothermy as they decrease their metabolic rate during cold nights to keep their body temperature low. drop in metabolic rate allows increase in production efficiency of birds that reduces the internal body temperature to make it equal to external cold temperature during cold nights.

thus, the correct answer is 'birds allow their temperature drop in order to increase their production efficiency.'