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NEW QUESTION: 1
DRAG DROP
Refer to the exhibit. Drag the steps for Open Authentication from the left and drop them in the correct order on the right.
Select and Place:
Answer:
Explanation:
NEW QUESTION: 2
A business has a requirement to run quality checks on incoming purchase orders before the supply is made available to onhand inventory. The process is as follows: 1.The inbound supply is received in warehouse and the status of receipt is "Received". Supply should be updated to HELD. 2.The supply is inspected through a custom transaction that changes receipt status from "Received" to "Inspected". Supply should be updated to ONHAND. The implementation does not use Sterling Warehouse Management System. How can a solution designer model the supply update aspect of this process?
A. In Status Inventory Types, update Seller supply type to HELD for Status "Received" and add a new entry for Status "Inspected" with Sellersupply type as ONHAN Check Update Seller Supply.
B. The disposition should be configured to supply type mapping.
C. Upon Receipt on goods in warehouse, call AdjustInventory API to update SupplyType to HELD and similarly call AdjustInventory to updateSupplyType to ONHAND once goods are inspected.
D. In Status Inventory Types, update Buyer supply type to HELD for Status "Received" and add a new entry for Status "Inspected" with Buyersupply type as ONHAND
Answer: D
NEW QUESTION: 3
Your company's stock sells for $50 per share, its last dividend was $2.00, its growth rate is a constant 5 percent, and the company would incur a flotation cost of 15 percent if it sold new common stock. Net income for the coming year is expected to be $500,000, the firm's payout ratio is 60 percent, and its common equity ratio is 30 percent. If the firm has a capital budget of $1,000,000, what component cost of common equity will be built into the WACC for the last dollar of capital the company raises?
A. 9.20%
B. 11.75%
C. 9.94%
D. 10.50%
E. 12.30%
Answer: C
Explanation:
Explanation/Reference:
Explanation:
BP(RE) = RE/Equity fraction = $500,000(0.4)/0.3 = $666,667. BP
= break point; RE = retained earnings
Since the capital budget will be $1 million, and since all equity in the WACC beyond $666,667 will be external equity, the WACC of the last dollar raised will include equity at a cost of k(e):
k(e) = $2(1.05)/$50(1 - 0.15) + .05 = 9.94%.
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