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NEW QUESTION: 1
Howell Enterprises is forecasting EPS of $4.00 per share for next year. The firm has 10,000 shares outstanding, it pays 12 percent interest on its debt, and it faces a 40 percent marginal tax rate. Its estimated fixed costs are $80,000 while its variable costs are estimated at 40 percent of revenue. The firm's target capital structure is 40 percent equity and 60 percent debt and it has total assets of $400,000.
On what level of sales is Howell basing its EPS forecast?
A. $480,400
B. $316,722
C. $292,444
D. $105,280
E. $1,000,000
Answer: C
Explanation:
Explanation/Reference:
Explanation:
EPS = (Sales - Fixed costs- Variable costs - Interest)(1 - T)/Shares outstanding.
Step 1 Calculate interest expense
Debt = 0.60 x $400,000 = $240,000.
Interest = 0.12 x $240,000 = $28,800.
Step 2 Solve for Sales (S)
EPS = $4.00 = (S - 0.40S - $80,000 - $28,800) x (1 - 0.40)/10,000
= (0.60S - $108,800)(0.6)/10,000
$4.00 = (0.36S - $65,280)/10,000
$105,280 = 0.36S
Sales = $292,444.44.
Alternative method
EPS = (EBIT - Interest)(1 - T)/Shares outstanding.
Solve for EBIT
Net Income = EPS x Shares outstanding = $4.00 x 10,000 = $40,000.
EBT = NI/(1 - T) = $40,000/(0.6) = $66,667.
Interest (from above) = $28,800.
EBIT = EBT + Interest = $66,667 + $28,800 = $95,467.
S = 0.40S + $95,467 + $80,000
0.6S = $175,467
S = $175,467/0.6 = $292,445.
NEW QUESTION: 2
ロンドンに本社を置く多国籍建設会社は、5か国で事業を展開しています。米国と英国に主要な事業を展開し、サウジアラビア、アラブ首長国連邦、インドに小規模なオフィスを構えています。会社は採用しています
英国と米国で3,000人、残りの場所で500人。インドの全労働力は、派遣労働者のカテゴリーで失敗します。
この会社には、いくつの立法データグループ(LDG)、部門、法定雇用者、および給与法定単位(PSU)を構成する必要がありますか?
A. 5つのLDG(各国に1つ)、4つの部門(英国、米国、インド、サウジアラビアとUAEを合わせたもの)、5つの法定雇用者、4つのPSU(すべてインドを除く)
B. 5つのLDG(各国に1つ)、4つの部門(英国、米国、インド、サウジアラビアとアラブ首長国連邦を合わせたもの)、2つの法定雇用者とPSU(米国と英国のみ、労働力が非常に少ないため)他の国)
C. 5つのLDG、5つの部門、5つの法定雇用者、および5つのPSU
D. 4つのLDG(英国、米国、インド、およびサウジアラビアとUAEを合わせたもの)、5つの部門(各国に1つ)、4つの法定雇用者(すべてインドを除く)、および5つのPSU
Answer: A
NEW QUESTION: 3
Your network consists of one Active Directory forest that contains one domain.
The functional level of the forest is Windows 2000.
The functional level of the domain is Windows 2000 native.
Two domain controllers run Windows Server 2008 and three domain controllers run Windows Server 2003.
Service packs are not installed on any of the domain controllers. You plan to enable Windows BitLocker
Drive Encryption (BitLocker) on all domain controllers.
You need to store all BitLocker recovery information in Active Directory Domain Services (AD DS).
What should you do first?
A. Raise the domain functional level to Windows Server 2003.
B. Upgrade all Windows Server 2003 domain controllers to Windows Server 2008.
C. Extend the Active Directory schema to include BitLocker and Trusted Platform Module (TPM) attributes.
D. Raise the forest functional level to Windows Server 2003.
Answer: B
Explanation:
Service packs are not installed on any of the domain controllers, so your only option here is to upgrade them to 2008.
BitLocker integrates with Active Directory Domain Services (AD DS) to provide centralized key management. By default, no recovery information is backed up to Active Directory. Administrators can configure Group Policy settings to enable backup of BitLocker or TPM recovery information.
You can save recovery information in AD DS if your domain controllers are running Windows Server 2003 with Service Pack 1 (SP1) or Service Pack 2 (SP2), Windows Server 2003 R2, Windows Server 2008, or Windows Server 2008 R2. You cannot save recovery information in AD DS if the domain controller is running a version of Windows Server earlier than Windows Server 2003 with SP1.
NEW QUESTION: 4
You create a flash archive of the Solaris 10 global zone on the serves named sysA. The archive name is s10-system.flar, and it is stored on a remote server named backup_server.
On sysA, you create a Solaris 10 branded zone named s10-zone.
You want to use the flash archive, located On" /net/bactup_servers/10-system.flar, to install the Operating system in the s10-zone zone.
Which command do you choose to install the s10-system.flar archive in the Solaris 10 branded zone (s10-zone)?
A. zonecfg -z s10 -zone install - a /net/backup_server/s10-system.flar -u
B. zonecfg -z s10-zone install -f /net/backup/backup_server/s10-system.flar
C. zoneadm -z s10 -zone install - a /net/backup_server/s10-system.flar -u
D. zoneadm - z s10 -zone clone - s /net/backup_server/s10-system.flar
E. zone cfg - a s10-zone create - t SUNWsolaris10\</net/backup_server/s10-system.flar
Answer: C
Explanation:
The zoneadm command is the primary tool used to install and administer non-global zones.
Operations using the zoneadm command must be run from the global zone on the target system.
How to Install the solaris10 Branded Zone
A configured solaris10 branded zone is installed by using the zoneadm command with the install subcommand.
Example: global# zoneadm -z s10-zone install -a /net/machine_name/s10-system.flar -u
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