Answer Happy

Ace Systems Inc. reported the following in its annual income statement: Basic earnings per share of $2.13 and diluted earnings per share of $2.11. There were 5,053 million weighted average basic shares outstanding during the year. What approximate net income, did the company report for the year? Select one: O a, $10,763 million. b. None of these are correct. c. $2,372 million d. $2,395 million e. $10,662 million

Reed Corp. sells $500,000 of bonds to private investors. The bonds are due in five years, have a 6% coupon rate, and interest is paid semiannually. The bonds were sold to yield 4%. What proceeds does Reed receive from the investors? Select one: a. $457,349 b. $457,876 c. None of these are correct. d. $544,913 e. $544,518 x Check Incorrect Marks for this submission: 0.00/4.81,