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NEW QUESTION: 1
Which of the following is classified as a product cost using the variable costing method?
1. Direct labor costs
2. Insurance on a factory.
3. Manufacturing supplies.
4. Packaging and shipping costs
A. 2 and 4
B. 1 and 3
C. 1 and 2
D. 3 and 4
Answer: B
NEW QUESTION: 2
A Cisco Easy VPN software client is unable to access its local LAN devices once the VPN tunnel is
established. What is the best way to solve this issue?
A. The Cisco Easy VPN Server should apply split-tunnel-policy excludespecified with a split- tunnel-list
containing the local LAN addresses that are relevant to the client.
B. The Cisco Easy VPN Server must push down an interface ACL that permits the traffic to the local LAN
from the client.
C. The Cisco Easy VPN Server should apply a split-tunnel-policy tunnelall policy to the client.
D. The IP address that is assigned by the Cisco Easy VPN Server to the client must be on the same
network as the local LAN of the client.
E. The Cisco Easy VPN client machine needs to have multiple NICs to support this.
Answer: A
NEW QUESTION: 3
Assume that all the assumptions of Modigliani and Miller hold. In particular, there are no taxes and transaction costs. A firm has a policy of paying out 5% of the stock price as dividends. However, an investor would like to receive a 7% dividend. For this, he should:
A. use the dividend to buy 2% of the stock after receiving the dividend.
B. none of these answers.
C. liquidate 2% of his stock holding after receiving the dividend.
D. liquidate 7% of his stock holding after receiving the dividend.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
Suppose the investor is holding stocks worth $100. The company then pays $5 as dividends. When the dividend is paid out, the stock price falls to $95 (in the absence of tax effects, as assumed). To increase his income to $7, the investor must sell off stocks worth $2. This corresponds to 2/95 = 2.105% of the post dividend stock holding.
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