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NEW QUESTION: 1
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. 12.30%
B. 11.75%
C. 9.94%
D. 9.20%
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: 2
A 16-year-old female client is admitted to the hospital because she collapsed at home while exercising with videotaped workout instructions. Her mother reports that she has been obsessed with losing weight and staying slim since cheerleader try-outs 6 months ago, when she lost out to two of her best friends. The client is 5'4" and weighs 92 lb, which represents a weight loss of 28 lb over the last 4 months. The most important initial intervention on admission is to:
A. Assess vital signs
B. Obtain an accurate weight
C. Assign her to a room with someone her own age
D. Search the client's purse for pills
Answer: A
Explanation:
(A)
On admission, vital signs are the highest priority. Weight is not a vital sign. (B) Belongings are routinely searched on admission to a psychiatric unit, but this search is not a high priority. (C) Vital signs are a high priority when working with selfdestructive clients.
(D)
Room assignment is of low priority.
NEW QUESTION: 3
Note: This question is part of series of questions that present the same scenario. Each question in the
series contains a unique solution that might meet the stated goals. Some question sets might have more
than one correct solution, while others might not have a correct solution.
After you answer a question in this section, you will NOT be able to return to it. As a result, these
questions will not appear in the review screen.
You have an Azure Active Directory (Azure AZD) tenant named contoso.com. The tenant contains a group
named Group1. Group1 contains all the administrative user accounts.
You discover several login attempts to the Azure portal from countries where administrative users do NOT
work.
You need to ensure that all login attempts to the Azure portal from those countries require Azure Multi-Factor
Authentication (MFA).
Solution: Implement Azure AD Privileged Identity Management.
Does this solution meet the goal?
A. No
B. Yes
Answer: B
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