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NEW QUESTION: 1
A supply manager wants to know if their policies and procedures are working. Audit purposes can be all of the following EXCEPT.
A. Is the organization using prompt payment discounts?
B. Are the profit margins of competition high?
C. Are transportation methods used consistently?
D. Are competition requirements being met?
Answer: B
Explanation:
A supply manager wants to know if their policies and procedures are working. Audit purposes can be all of the following EXCEPT whether the profit margins of competition high which would be benchmarking. Are competition requirements being met, is the organization using prompt payment discounts, and are transportation methods used consistently are all three audit purposes.
NEW QUESTION: 2
Zippy Pasta Corporation (ZPC) has a constant growth rate of 7 percent. The company retains 30 percent of its earnings to fund future growth. ZPC's expected EPS and k(s) for various capital structures are given below. What is the optimal capital structure for ZPC? Debt/AssetsExpected EPS ($)k(s)
20%2.5015.0%
303.0015.5
403.2516.0
503.7517.0
704.0018.0
A. Debt/Total Assets = 20%
B. Debt/Total Assets = 30%
C. Debt/Total Assets = 40%
D. Debt/Total Assets = 50%
E. Debt/Total Assets = 70%
Answer: D
Explanation:
Explanation/Reference:
Explanation:
The optimal capital structure maximizes the firm's stock price. When the debt ratio is 20%, expected EPS is $2.50. Given the firm's policy of retaining 30% of earnings, the expected dividend per share D1 is $2.50 x 0.70 = $1.75. The stock price Po is $1.75/(15% - 7%) or $21.88. When the debt ratio is 30%, expected EPS is $3.00 and expected D1 is $3.00 x 0.70 = $2.10. The stock price Po is $2.10/(15.5% - 7%) =$24.71.
Similarly, when the debt ratio is 40%, D1 = $2.275 and Po = $25.28. When the debt ratio is 50%, D1
$2.625 and Po = $26.25. When the debt ratio is 70%, D1 = $2.80 and Po = $25.45. The stock price is highest when the debt ratio is 50%.
NEW QUESTION: 3
By default, which character indicates the configuration mode prompt?
A. $
B. >
C. #
D. %
Answer: C
NEW QUESTION: 4
You are creating a Data Quality Services (DQS) solution. You must provide statistics on the accuracy of the data.
You need to use DQS profiling to obtain the required statistics.
Which DQS activity should you use?
A. Matching
B. Cleansing
C. Matching Policy
D. Knowledge Discovery
Answer: B
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