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NEW QUESTION: 1
A modification of Lewin's unfreezing-moving-refreezing model may provide support for change. According to this model there are following ways to reduce change resistance Except:
A. Be flexible, be patient and be supportive
B. Understand the impact of change to intellectual property
C. Understand the emotional impact of change
D. Be consistent in responding to resistance
Answer: B

NEW QUESTION: 2
A Dell EMC NetWorker customer has been performing backups to their Data Domain system over a Fibre Channel connection. The customer wants to start using Clone-Controlled Replication (CCR) for some of their backup jobs without impacting performance.
In order to add CCR to the backup workflow, which configuration changes need to be made?
A. Create an FC connection between the source and target Data Domain systems
B. Create an entry for the Data Domain system's WWNN in NetWorker
C. Map the Data Domain system's FC server name to its own IP address
D. Disconnect the Data Domain system's FC connection and only use the IP network
Answer: C

NEW QUESTION: 3
A light is flashing on insight display, what does this mean?
A. There is an issue that needs to be addressed
B. A user is connected to ILO
Answer: B

NEW QUESTION: 4
Residco, Inc. expects net income of $800,000 for the next fiscal year. Its targeted and current capital
structure is 40 percent debt and 60 percent common equity. The director of capital budgeting has
determined that the optimal capital spending for next year is $1.2 million. Residco does not plan to issue
any new common equity next year. If Residco follows a strict residual dividend policy, what is the
expected dividend payout ratio for next year?
A. 66.7 percent.
B. 40.0 percent.
C. 10.0 percent.
D. 90.0 percent.
Answer: C
Explanation:
Choice "d" is correct. A strict dividend policy guides a company's management to pay no more (and no
less) in dividends from net income to generate a change in equity that produces or maintains a targeted
capital structure. The dividend pay out ratio is the ratio of dividends to income. The call of the question
requires the calculation of the ratio of dividends to income assuming income, capital projects and capital
structure amounts as follows:

Assuming the company is in compliance with the 40/60 Debt/Equity capital structure to begin with, 60% of
the $1,200,000 in capital projects will be financed by additions to equity the come from new earnings of
$ 800,000. The equity funded portion of capital projects is $720,000 ($1,200,000 x 60%).
Following a strict residual dividend policy, the company will pay out the difference between is additions to
equity ($800,000 in income) and the amounts reinvested in the business ($720,000).
The dividend will be $80,000. ($800,000 - $720,000).
The dividend payout ratio is, therefore, 10% ($80,000 in dividends/ $800,000 in income).
Choices "a", "b", and "c" are incorrect, per the above calculation.


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