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NEW QUESTION: 1
Grant Grocers is considering the following investment projects:
Project Size of Project IRR of Project
V 1.0 million12.0%
W 1.2 million11.5%
X 1.2 million11.0%
Y 1.2 million10.5%
Z 1.0 million10.0%
The company has a target capital structure, which is 50 percent debt and 50 percent equity. The after- tax cost of debt is 8 percent. The cost of retained earnings is estimated to be 13.5 percent. The cost of equity is estimated to be 14.5 percent if the company issues new common stock. The company's net income is
$2.5 million. If the company follows a residual dividend policy, what will be its payout ratio?
A. 66%
B. 12%
C. 54%
D. 100%
E. 32%
Answer: E
Explanation:
Explanation/Reference:
Explanation:
The company's WACC (provided no new equity is issued) is 8%(0.5) + 13.5%(0.5) = 10.75%. Comparing the WACC with the project IRRs reveals that the company will undertake projects V, W, and X Total financing costs for these projects is $3,400,000. Of this amount, 0.5($3,400,000) = $1,700,000 will be financed from retained earnings. Thus, $2,500,000 - $1,700,000 = $800,000 will be available for dividends.
The payout ratio is then $800,000/$2,500,000 = 32%.
NEW QUESTION: 2
エンジニアは、5分前にアクセス可能なデバイスをリモートで接続しようとします。
ネットワークに変更はありません。
接続の問題の理由はどれですか？
A. 誰かがコンソールに接続されています
B. VTY回線は容量にあります
C. exec-timeout 0 0コマンドが設定されました
D. SSHは有効になっていません
Answer: B
NEW QUESTION: 3
A company has deployed Avaya Contact Center Control Manager (ACCCM) with an Avaya Communication Manager (CM) solution. The administrator would like to assign specific permissions to a specific user. How can the administrator assign the permissions?
A. Create a custom role and assign the user to the role.
B. Assign multiple roles to the user to customize permissions.
C. Assign the user a role and then customize the role for that user only in the permissionstab.
D. The administrator must assign the user with the correct group. Permissions areassignedat the group level only.
Answer: A
NEW QUESTION: 4
You have a Microsoft 365 subscription that uses a default domain name of contoso.com.
The multi-factor authentication (MFA) service settings are configured as shown in the exhibit. (Clock the Exhibit tab.)
In contoso.com, you create the users shown in the following table.
What is the effect of the configuration? To answer, select the appropriate options in the answer area.
NOTE: Each correct selection is worth one point.
Answer:
Explanation:
Explanation
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