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NEW QUESTION: 1
Yummy Doughnuts (YD) sells a variety of doughnuts and other related items through both company-owned locations and franchise locations. YD has experienced significant growth over the past five years.
However, barriers to entry are low and competition is increasing.
Linda Haas, CFA, follows YD for Gibraltar Capital. Gibraltar Capital prides itself on its thorough fundamental analysis of investment opportunities. The company uses a bottom-up approach to the investment process. Haas's security selection process utilizes residual income models to determine a stock's intrinsic value. Haas obtains YD's 2008 financial statements shown in Exhibit 1. In addition, Haas provides supporting information about YD's financials and other related material found in Exhibit 2.
Haas makes the following statements during her YD presentation to the investment committee.
Statement 1: Based on ROE mean reversion, YD's continuing residual income is assumed to decline to zero over time.
Statement 2: The residual income model states that if YD's ROE equals its equity cost of capital, then YD's intrinsic value will equal its book value per share.
Based on Exhibits 1 and 2, YD's weighted average cost of capital (WACC) is closest to:
A. 12%.
B. 11%.
C. 13%.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
Note: Capitalizing R&D expense will increase YDs book value. However, the market value used in calculating YD s WACC is not impacted.
(Study Sessions 7 and 10, LOS 26.a and 35.h)
NEW QUESTION: 2
SQL> SELECT NUMBER_VALUE FROM REDACTION_VALUES_FOR_TYPE_FULL; NUMBER_VALUE
0
SQL> EXEC DBMS_REDACT.UPDATE_FULL_REDACTI0N_VALUES(-1)
SQL> select number_value from redaction_values_for_type_full;
NUMBER VALUE
-1
A. Option A
B. Option E
C. Option C
D. Option B
E. Option D
Answer: B
Explanation:
About Altering the Default Full Data Redaction Value You can alter the default displayed values for full Data Redaction polices. By default, 0 is the redacted value when Oracle Database performs full redaction (DBMS_REDACT.FULL) on a column of the NUMBER data type. If you want to change it to another value (for example, 7), then you can run the DBMS_REDACT.UPDATE_FULL_REDACTION_VALUES procedure to modify this value. The modification applies to all of the Data Redaction policies in the current database instance. After you modify a value, you must restart the database for it to take effect.
NEW QUESTION: 3
Refer to the exhibit.
Prior implementing OSPF on the network, an ArubaOS switch had the IP routing table shown in the exhibit The network administrator then sets up OSPF in the network. The switch calculates these OSPF routes to
10.1.20.0/24:
* Through 10.1.0.1 with cost 3 and administrative distance 110
* Through 10.1.0.2 with cost 3 and administrative distance 110
How does the way the switch handles traffic destined to 10.1.20.0/24 change with the introduction of OSPF?
A. The switch no longer drops this traffic and instead load balances it to 10.1.0.1 and 10.1 0.2
B. The switch continues to send the traffic to 10.1.0.3. but it now has backup routes for the traffic in case the connection to 10.1.0 3 fails
C. The switch no longer drops this traffic and install sends it to 10.1.0.1.
D. The switch stops sending the traffic to 1010 3 and instead load balances it to 10.1.0.1 and 10.1.0.2.
Answer: D
NEW QUESTION: 4
Identify this window.
A. Portfolio
B. Portfolio view
C. Dashboard
D. Project statistics
Answer: B
Explanation:
When you choose or create a portfolio, it opens in an analysis view. P6 keeps track of which view you were last using with each portfolio and by default always opens that last view for each portfolio. An analysis view consists of two screens showing portfolio data. The screens can be oriented horizontally or vertically.
Also, note that in analysis view there are always exactly two screens displayed.
Example: