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NEW QUESTION: 1
What are the two major types of professional graphics?
A. electronic and physical
B. integrated and discrete
C. digital and analog
D. automated and manual
Answer: B
Explanation:
Reference:
http://www.macworld.co.uk/feature/mac/best-mac-for-gaming-3446272/
There are two main types of GPU - integrated and discrete. In simple terms an integrated GPU is part of a system on a chip (SoC) and shares resources with the CPU, while a discrete GPU acts independently as a second processor rather than drawing power from the main CPU. Discrete graphics cards also come with varying amounts of RAM. Currently 1GB and 2GB options are available on the iMac, and a 2GB option on the top-end MacBook Pro. Basically, the discrete GPU is faster.
NEW QUESTION: 2
次のベストのどれがクラウドプロバイダーがセキュリティリスク対応で企業をどのように支援するかを説明していますか？
A. 緩和
B. 回避
C. 受け入れ
D. 転移
Answer: D
NEW QUESTION: 3
A firm issues debt to repurchase equity and at the same time, experiences an increase in its profit margin.
All else equal, using the Dividend Discount Model, its stock price ________.
A. increases
B. is not affected
C. decreases
D. insufficient information given
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Intuitively, it should be clear that the stock price rises since the profit margin has gone up and at the same time, the percentage of equity holders has gone down. To see this mathematically, note that the duPont system gives ROE = Profit margin * Total Asset Turnover * Financial Leverage. In the present case, the ROE increases since profit margin and Financial Leverage have both increased. The dividend growth rate, g, equals ROE*(1 - payout ratio). Hence, as ROE increases, the dividend growth rate increases with a constant payout ratio. In the Dividend Discount Model, the stock price increases as the dividend growth rate increases, all else equal.
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