WGU Financial-Management Q&A - in .pdf

  • Financial-Management pdf
  • Exam Code: Financial-Management
  • Exam Name: WGU Financial Management VBC1
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  • Q & A: 85 Questions and Answers
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NEW QUESTION: 1
Which capability exists only in java.io.FileWriter?
A. Flushing an open stream.
B. Writing to an open stream.
C. Writing a line separator to an open stream.
D. Closing an open stream.
Answer: C

NEW QUESTION: 2



A. Option D
B. Option G
C. Option H
D. Option C
E. Option B
F. Option E
G. Option F
H. Option A
Answer: C

NEW QUESTION: 3
J. Ross and Sons Inc. has a target capital structure that calls for 40 percent debt, 10 percent preferred stock, and 50 percent common equity. The firm's current after-tax cost of debt is 6 percent, and it can sell as much debt as it wishes at this rate. The firm's preferred stock currently sells for $90 a share and pays a dividend of $10 per share; however, the firm will net only $80 per share from the sale of new preferred stock. Ross expects to retain $15,000 in earnings over the next year. Ross' common stock currently sells for $40 per share, but the firm will net only $34 per share from the sale of new common stock. The firm recently paid a dividend of $2 per share on its common stock, and investors expect the dividend to grow indefinitely at a constant rate of 10 percent per year. What will be the WACC above the break point?
A. 8.3%
B. 10.6%
C. 12.5%
D. 11.9%
E. 14.1%
Answer: D
Explanation:
Explanation/Reference:
Explanation:
Preferred stock return: 10/80 = 12.5% WACC = 6%(0.40) + 12.5%(0.10) + 16.5%(0.50) = 11.90%.

NEW QUESTION: 4
Which three reports layout options are available?
A. Font type
B. Company logo
C. Report type
D. Report title
E. Background color
F. Font size
Answer: A,D,E

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