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NEW QUESTION: 1
Stargell Industries follows a strict residual dividend policy. The company has a capital budget of
$3,000,000. It has a target capital structure, which consists of 30 percent debt and 70 percent equity. The company forecasts that its net income will be $3,500,000. What will be the company's expected dividend payout ratio this year?
A. 40%
B. 45%
C. 25%
D. 35%
E. 30%
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Step 1 Find equity required to maintain capital budget:
Capital budget$3,000,000
% of budget financed with equityx 0.70
$2,100,000
Step 2 Calculate dividend:
Earnings$3,500,000
Less equity retained(2,100,000)
Dividend$1,400,000
Step 3 Find payout ratio:
Dividend/Earnings = $1,400,000/$3,500,000 = 0.4000 = 40%.

NEW QUESTION: 2
The firewall can be working in routing mode, transparent mode, or composite mode. The default mode is the composite mode.
A. True
B. False
Answer: B

NEW QUESTION: 3
You have a Hyper-V host named Served That runs Windows Server 2016
Server1 has a virtual machine named VM1, VM1 is configured to run the Docker daemon.
On VM1 you have a container network that uses transparent mode
You need to ensure that containers that run on VM1 can obtain IP addresses from DHCP.
What should you do?
A. On VM1, run docker network connect
B. On Server1runGet-VMNetworkAdapter-VMName VM1| Set-VMNetworkAdapter-MacAddressSpoofing On
C. On Server1, run docker network connect
D. On VM1, run Get-VMNetworkAdapter-VMName VM1| Set-VMNetworkAdapter-MacAddressSpoofing On.
Answer: D