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NEW QUESTION: 1
Which two devices or applications support call preservation? (Choose two.)
A. CTI applications
B. a software conference bridge
C. SIP trunks
D. JTAPI applications
E. an annunciator
Answer: B,C
Explanation:
Explanation
https://www.cisco.com/c/en/us/td/docs/voice_ip_comm/cucm/admin/8_5_1/ccmsys/accm-851- cm/a02dvsup.html
NEW QUESTION: 2
Erwin DeLavall, the Plant Manager of Patch Grove Cabinets, is trying to decide whether or not to replace the old manual lathe machine with a new computerized lathe. He thinks the new machine will add value, but is not sure how to quantify his opinion. He asks his colleague, Terri Wharten, for advice. Wharten's son just happens to be a Level 2 CFA candidate. DeLavall and Wharten provide the following information to Wharten's son:
Company Assumptions:
New Machine Assumptions:
Which of the following choices is most correct? Patch Grove Cabinets should:
A. not replace the old lathe with the new lathe because the new one will decrease the firm's value by
$3,132.
B. replace the old lathe with the new lathe because the new one will add $10,316 to the firm's value.
C. not replace the old lathe with the new lathe because the new one will decrease the firm's value by
$5,370.
D. replace the old lathe with the new lathe because the new one will add $3,760 to the firm's value.
Answer: D
Explanation:
Explanation/Reference:
Explanation:
The valuation method that shows the project's impact on the value of the firm is net present value (NPV).
To calculate NPV, we need to determine the initial investment outlay, the operating cash flows, and the terminal year cash flows. Then, we discount the cash flows at the WACC. The calculations are as follows:
Step 1: Initial Investment Outlay:
= cost of new machine + proceeds/loss from old machine + change in net working capital (NWC)
= -$90,000 + $30,000 - $6,800 + $5,000 =-$61,800(cash outflow)
Details of calculation:
o Sales price = $30,000inflow
o Tax/tax credit: $6,800outflow
o NWC =current assets -current liabilities = 20,000 - 25,000 = -5,000 (a decrease in working capital is a source of funds) Step 2: Operating Cash Flows (years 1-4):Given as$16,800inflow
Step 3: Terminal Value:
=year 5 cash flow + return/use of NWC + proceeds/loss from disposal of new machine + tax/tax credit
=$16,800 - $5,000 + $15,000 + $1,920 =$28,720inflow
Details of calculation:
o Sales price = $15,000inflow
o Tax/tax credit: $1,920inflow
Step 4:Calculate NPV:
NPV = -$61,800 + ($16,800 / 1.131) + ($16,800 / 1.132) +($16,800 / 1.133) +($16,800 / 1.134) +($28,720 /
1.135) =$3,759.
Since the NPV is positive, Patch Grove should replace the old lathe with the new one, because the new lathe will increase the firm's value by the amount of the NPV, or $3,759.
You may also solve this problem quickly by using the cash flow (CF) key on your calculator.
NEW QUESTION: 3
Given the code fragment:
What is the result?
A. Checking...
B. A compilation error occurs at line n2.
C. A compilation error occurs at line n1.
D. Checking...
Checking...
Answer: C
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