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NEW QUESTION: 1
Ivan Johnson is reviewing the investment merits of BioTLab, a fast-growing biotechnology company.
BioTLab has developed several drugs, which arc being licensed to major drug companies. BioTLab also has several drugs in phase III trials (phase III trials are the last testing stage before FDA approval).
Johnson notes that two drugs recently received approval which should provide BioTLab solid revenue growth and generate predictable cash flow well into the future. Based on the potential for the two drugs, BioTLab's estimated annual cash flow growth rate for the next two years is 25%, and long-term growth is expected to be 12%. Because of BioTLab's attractive investment opportunities, the company does not pay a dividend. BioTLab's current weighted average cost of capital is 15% and its stock is currently trading at
$50 per share. Financial information for BioTLab for the most recent 12 months is provided below:
* Net working capita! excluding cash increased from $7,460,000 to $9,985,000;
* Book value increased from $81,250,000 to $101,250,000.
* BioTLab currently has no debt.
* Research facilities and production equipment were purchased for $8,450,000.
* BioTLab held non-operating assets in the amount of $875,000.
* Net income for the 12 months was $20,000,000.
* BioTLab has a marginal tax rate of 40%.
* Noncash charges for depreciation and restructuring for the 12 months were $1,250,000.
BioTLab's management has indicated an interest in establishing a dividend and will fund new drug research by issuing additional debt.
Johnson also reviews a competitor to BioTLab, Groh Group, which has a larger segment operating in a highly cyclical business. The Groh Group has a debt to equity ratio of 1.0 and pays no dividends. In addition, Groh Group plans to issue bonds in the coming year.
If BioTLabs establishes a dividend and issues additional debt, the most likely effect on FCFF will be;
A. a decrease in FCFF.
B. no effect.
C. an increase in FCFF.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
If BioTLab established a dividend rhere would no impact on either FCFF or FCFE. Changing the company capital structure by increasing debt will not impact FCFF, although it will initially increase FCFE by the amount of debt issued and then reduce FCFE thereafter by the after-tax interest expense. (Study Session
12, LOS 41.h)

NEW QUESTION: 2
サイバーセキュリティアナリストは、セキュリティを企業の姿勢で確認するために雇われています。サイバーセキュリティアナリストは、少数のIPアドレスからのSYNフラッドが原因で、非常に高いネットワーク帯域幅の消費に気付いています。次のうちどれがインシデント対応をサポートするために取るべき最良の行動でしょうか？
A. すべてのSYNパケットをブロックします。
B. パケットキャプチャツールをインストールします。
C. 会社の帯域幅を広げます。
D. ルーターに入力フィルタを適用します。
Answer: D

NEW QUESTION: 3
組織のActive DirectoryにユーザーIDがあります。組織は、アイデンティティの真の情報源としてActive Directoryを使用したいと考えています。あなたの組織は、Google Cloud Platform（GCP）組織を含むすべてのGoogleサービスの従業員が使用するGoogleアカウントを完全に制御したいと考えています。あなたは何をするべきか？
A. Google Cloud Directory Sync（GCDS）を使用してユーザーをCloud Identityに同期します。
B. セルフサインアップを使用してGoogleアカウントを作成するよう各従業員に依頼します。各従業員が会社のメールアドレスとパスワードを使用することを要求します。
C. Cloud Identity APIを使用して、ユーザーをCloud Identityに同期するスクリプトを記述します。
D. ユーザーをCSVとしてActive Directoryからエクスポートし、管理コンソールを介してCloud Identityにインポートします。
Answer: A

NEW QUESTION: 4
Adam works as a Computer Hacking Forensic Investigator in a law firm. He has been assigned with his first project. Adam collected all required evidences and clues. He is now required to write an investigative report to present before court for further prosecution of the case. He needs guidelines to write an investigative report for expressing an opinion. Which of the following are the guidelines to write an investigative report in an efficient way?
Each correct answer represents a complete solution. Choose all that apply.
A. Opinion of a lay witness should be included in the investigative report.
B. There should not be any assumptions made about any facts while writing the investigative report.
C. All ideas present in the investigative report should flow logically from facts to conclusions.
D. The investigative report should be understandable by any reader.
Answer: B,C,D

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