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NEW QUESTION: 1
Which of the following statements about dividend policy and capital structure is TRUE?
A. Investors view a stock repurchase as a positive signal and a stock issue as a negative signal.
B. A person who believes in the clientele effect and a proponent of the "bird-in-hand" theory would have similar views on dividend payout policy.
C. Monte Carlo simulation is used to estimate market risks; scenario analysis measures stand-alone risk.
D. A diversified shareholder is most concerned with stand-alone risk.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Investors view a stock repurchase as a positive signal and a stock issue as a negative signal. A repurchase may mean that management believes the stock is undervalued. To understand why a stock issue is viewed negatively, consider the following circumstances: A biotech company has a new blockbuster drug that will increase its profitability, but to produce and market the drug, the company needs to raise capital. If the company sells new stock, then as sales (and thus profits) occur, the price of the stock will rise. The current shareholders will do well but not as well as they would have had the company not sold more stock before the share price increased. Thus, it is assumed that management will prefer to finance growth with non-stock sources.
The other statements are false. A person who believes in the clientele effect and a proponent of the "bird- in-hand" theory would not have similar views on dividend policy. The clientele effect suggests that different groups of investors want different dividend levels (often based on tax status), and through the law of supply and demand, investors will select companies that meet their needs. Thus, dividend payout policy does not matter. According to the "bird-in-hand" theory, investors prefer dividends to capital appreciation because they view the former (D1/ P0) as less risky than the latter (g, or growth rate). Stand-alone risk is the company's individual, or unique, risk. An undiversified shareholder is concerned with stand-alone risk. A diversified shareholder is most concerned about undiversifiable, or systematic, risk. Both Monte Carlo simulation and scenario analysis are used to estimate stand-alone risk.

NEW QUESTION: 2
Your network contains 10 servers that run Windows Server 2012. The servers have the Hyper-V server role installed. The servers host a Virtual Desktop Infrastructure (VDI) that contains persistent virtual machines.
Each virtual machine is assigned to a specific user. Users can install software on their specific virtual machine.
You need to implement a solution to generate monthly reports that contain a list of all the installed software on the virtual machines. The solution must NOT require the installation of additional software on the virtual machines.
Which solution should you implement?
A. Microsoft Assessment and Planning (MAP) Toolkit scans
B. A Microsoft System Center 2012 Configuration Manager hardware inventory
C. A Microsoft System Center 2012 Configuration Manager software inventory
D. Microsoft Audit Collection Services (ACS) audit logs
Answer: A
Explanation:
Explanation
Explanation:

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NEW QUESTION: 3
Identify five business functions that must be configured in order to implement a complete
Procure-to-Pay business process in Oracle Procurement Cloud.
A. Purchasing
B. Payments
C. Incentive Compensation
D. Invoicing
E. Receiving
F. Requisitioning
G. Inventory
Answer: A,D,E,F,G

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