Brick co. has 170,000 shares of common stock outstanding at january 1, 2015. on may 1, 2015, it issued 30,000 additional shares of common stock. outstanding all year were 12,000 shares of convertible cumulative preferred stock. each share of the convertible preferred stock, which was dilutive in 2015, is convertible into one share of brick’s common stock. what is the number of shares that brick should use to calculate 2015 diluted earnings per share

In year 1, the bennetts' 25-year-old daughter, jane, is a full-time student at an out-of-state university but she plans to return home after the school year ends. in previous years, jane has never worked and her parents have always been able to claim her as a dependent. in year 1, a kind neighbor offers to pay for all of jane's educational and living expenses. which of the following statements is most accurate regarding whether jane's parents would be allowed to claim an exemption for jane in year 1 assuming the neighbor pays for all of jane's support? a. no, jane must include her neighbor's gift as income and thus fails the gross income test for a qualifying relative. b.yes, because she is a full-time student and does not provide more than half of her own support, jane is considered her parent's qualifying child. c.no, jane is too old to be considered a qualifying child and fails the support test of a qualifying relative. d.yes, because she is a student, her absence is considered as "temporary." consequently she meets the residence test and is a considered a qualifying child of the bennetts.