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NEW QUESTION: 1
Clay Industries, a large industrial firm, is examining the operating leverage of its tooling division during the last year. Consider the following information:
% change in EBIT during the last year 28%
Sales for period 1$435,000
Sales for period 2$578,000
Cost of debt 7.75%
Expected return on the market 15%
Risk-free rate 4.55%
Beta 1.05
Given this information, what is the operating leverage of this division during the time period in question?
A. 0.8518
B. 0.98402
C. 1.1741
D. The degree of operating leverage for this firm cannot be calculated from the information provided.
E. 0.1322
F. 0.9178
Answer: A
Explanation:
Explanation/Reference:
Explanation:
To calculate the degree of operating leverage, use the following equation: {% change in EBIT/% change in sales}. In this example, the percentage change in EBIT is provided. However, the percentage change in sales must be calculated, and can be found by the following: {[sales in period 2 - sales in period 1]/sales in period 1}. Incorporating the given information into this equation yields a percentage change in sales of
32.87%. From this point on, the calculation of the DOL is straightforward, and can be found as follows: {% change in EBIT 28%/% change in sales 32.87%}= 0.8518. In attempt to trick you, the cost of debt, along with the components of the Capital Asset Pricing Model have been provided. None of these figures are relevant in the calculation of the Degree of Operating Leverage.

NEW QUESTION: 2
Welche der folgenden Vorteile bietet die Verwendung eines Identitätsdienstes eines Drittanbieters?
A. Automatisierte Kontoverwaltung
B. Konsolidierung mehrerer Anbieter
C. Webbasierte Anmeldung
D. Verzeichnissynchronisierung
Answer: A

NEW QUESTION: 3
Your network contains a single Active Directory domain. The domain contains two servers. The servers are configured as shown in the following table.

You install 100 Remote Desktop Services Per User client access licenses (RDS Per User CALs) on Server1.
You discover that when users connect to Remote Desktop Services (RDS) on Server2, they receive temporary licenses.
You need to ensure that users receive permanent licenses when they connect to Server2.
What should you do?
A. On Server2, install the RD Licensing role service.
B. On Server1, change the discovery scope of the license server to Domain.
C. On Server1, remove the RD Session Host role service.
D. On Server2, change the Remote Desktop licensing mode to Per User.
Answer: D
Explanation:
When a Remote Desktop Session Host (RD Session Host) server is configured to use Per Device licensing mode, and a client computer or device connects to an RD Session Host server for the first time, the client computer or device is issued a temporary license by default. When a client computer or device connects to an RD Session Host server for the second time, if the Remote Desktop license server is activated and enough RDS Per Device CALs are available, the license server issues the client computer or device a permanent RDS Per Device CAL. If the license server is not activated or does not have any RDS Per Device CALs available, the device continues to use the temporary license. The temporary license is valid for 90 days. Because no Per Device CALs are available, we've got "100 Remote Desktop Services Per User client access licenses (RDS Per User CALs)" on Server1, the device will never get its permanent Per Device CAL.
Source: http://technet.microsoft.com/en-us/library/cc732416.aspx