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NEW QUESTION: 1
Strategic Systems Inc. expects to have net income of $800,000 during the next year. Its target, and current, capital structure is 40 percent debt and 60 percent common equity. The Director of Capital Budgeting has determined that the optimal capital budget for next year is $1.2 million. If Strategic uses the residual dividend model to determine next year's dividend payout, what is the expected dividend payout ratio?
A. 28%
B. 0%
C. 42%
D. 10%
E. 56%
Answer: D
Explanation:
Explanation/Reference:
Explanation:
Equity requirement = 0.6($1,200,000) = $720,000.
Expected NI$800,000
Equity requirement720,000
Available for dividends$80,000
Payout ratio = $80,000/$800,000 = 0.10 = 10%.
NEW QUESTION: 2
Which two statements about private VLAN communications are true? (Choose two)
A. Promiscuous ports connect only to routers.
B. Primary VLAN traffic is passed across trunk interfaces.
C. Isolated ports communicate with other isolated ports.
D. Promiscuous ports communicate with all other ports.
Answer: B,D
Explanation:
Explanation/Reference:
Explanation:
NEW QUESTION: 3
A mother has come to the pediatric clinic concerned about the recent outbreak of West Nile Virus. The ages of her children are 5, 7, and 10. The mother has asked the nurse what she can do to prevent her children from contracting this illness. Which piece of information is best to provide the mother with?
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