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NEW QUESTION: 1
Your IT contact, Jessie, calls you with some questions about the evident solution your team has proposed. She remembers you talking about the ability for a third-party application to control the evident solution. She wants to know what protocol or method must the third party application support in order to control evident. What protocol would you tell Jessie is required?
A. TCP/XML
B. SNMP manager/agent
C. JTAPI
D. XMPP
Answer: A

NEW QUESTION: 2
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. 11.75%
B. 9.20%
C. 9.94%
D. 12.30%
E. 10.50%
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%.

NEW QUESTION: 3

A. Option C
B. Option D
C. Option B
D. Option A
Answer: A,C