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NEW QUESTION: 1





A. Option D
B. Option A
C. Option C
D. Option B
Answer: B
Explanation:
Explanation
ISNULL Syntax: ISNULL ( check_expression , replacement_value ) author:"Luxemburg, Rosa" The ISNULL function replaces NULL with the specified replacement value. The value of check_expression is returned if it is not NULL; otherwise, replacement_value is returned after it is implicitly converted to the type of check_expression.
References: https://msdn.microsoft.com/en-us/library/ms184325.aspx

NEW QUESTION: 2
Bouchard Company's stock sells for $20 per share, its last dividend was $1.00. Its growth rate is a constant 6 percent, and the company would incur a flotation cost of 20 percent if it sold new common stock. Retained earnings for the coming year are expected to be $1,000,000, and the amount of common equity in the capital structure is 60 percent. If Bouchard has a capital budget of $2,000,000, what component cost of common equity will be built into the WACC for the last dollar of capital the company raises?
A. 12.15%
B. 11.30%
C. 11.80%
D. 12.63%
E. 11.45%
Answer: D
Explanation:
Explanation/Reference:
Explanation:
BP(RE) = RE/Equity fraction = $1,000,000/0.6 = $1,666,667.
Since the capital budget will be $2 million, and since all equity in the WACC (Weighted Average Cost of Capital) beyond $1,666,667 will be external equity, the WACC of the last dollar raised will include equity at a cost of k(e) (component cost of external equity obtained by issuing new common stock as opposed to retaining earnings):
k(e) = $1(1.06)/$20(1 - 0.2) + 0.06 = 0.0663 + 0.06 = 0.1263 = 12.63%.

NEW QUESTION: 3
On the ''Last Semester'' worksheet, remove the table row that contains '' Agriculture'' data. Do not change outside the table.
Check the Solution below.
Answer:
Explanation:
On the home tab, click find and select and click find. Type agriculture and press find all. Select all and then delete them with the home tab by clicking delete sheet rows.

NEW QUESTION: 4
What is the Age time of the RIP routing protocol that is viewed by the command on the router?
A. RIP route switching time
B. RIP packet update interval
C. RIP route suppression time
D. RIP route aging time
Answer: D

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