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NEW QUESTION: 1
Buchanan Brothers anticipates that its net income at the end of the year will be $3.6 million (before any recapitalization). The company currently has 900,000 shares of common stock outstanding and has no debt. The company's stock trades at $40 a share. The company is considering a recapitalization where it will issue $10 million worth of debt at a yield to maturity of 10 percent, and use the proceeds to repurchase common stock. Assume the stock price remains unchanged by the transaction, and the company's tax rate is 34 percent. What will be the company's earnings per share if it proceeds with the recapitalization?
A. $5.54
B. $2.45
C. $2.23
D. $3.26
E. $4.52
Answer: E
Explanation:
Explanation/Reference:
Explanation:
After issuing the debt, the company can repurchase $10,000,000/$40 = 250,000 shares leaving 650,000 shares outstanding. We still need to find the expected NI after issuing the debt. We're given the anticipated NI is $3.6 million. Thus, the EBIT (before the debt issue) can be found as follows: $3,600,000 = EBIT(1 -
0.34) or EBIT = $5,454,545.45. The company will pay $1,000,000 in interest after issuing the debt so the new EBT will be $5,454,545.45 - $1,000,000 = $4,454,545.45. Also, the new NI figure will be:
$4,454,545.45(1 - 0.34) = $2,940,000. Finally, $2,940,000/650,000 = $4.52 is the EPS after the recapitalization.

NEW QUESTION: 2
Sie haben Computer, auf denen Windows 10 ausgeführt wird (siehe folgende Tabelle).

Computer2 und Computer3 sind bei Microsoft Intune registriert.
In einem Gruppenrichtlinienobjekt (Group Policy Object, GPO), das mit der Domäne verknüpft ist, aktivieren Sie die Einstellung Computerkonfiguration / Administrative Vorlagen / Windows-Komponenten / Suchen / Cortana zulassen.
In einem Intune-Gerätekonfigurationsprofil konfigurieren Sie Folgendes:
* Gerät / Anbieter / MSFT / Policy / Config / ControlPolicyConflict / MDMWinsOverGP auf den Wert 1
* Experience / AllowCortana auf einen Wert von 0.
Wählen Sie für jede der folgenden Anweisungen Ja aus, wenn die Anweisung wahr ist. Andernfalls wählen Sie Nein.
HINWEIS: Jede richtige Auswahl ist einen Punkt wert.

Answer:
Explanation:

Explanation

Reference:
https://blogs.technet.microsoft.com/cbernier/2018/04/02/windows-10-group-policy-vs-intune-mdm-policy-who-w

NEW QUESTION: 3
管理者は、最近デプロイされたAcropolisファイルサービス（AFS）インスタンスの構成を変更する必要があります。
ファイルサービスの更新オプションで有効な構成設定はどれですか？ （2つ選択してください）
A. ファイルサーバーのOSタイプ
B. ファイルサーバーVMの数
C. ファイルサーバーVM構成
D. ファイルサーバーデータレプリケーション
E. ファイルサーバーのブロックサイズ
Answer: B,C

NEW QUESTION: 4
Which statement is true when creating an Implementation Project for Financials Cloud?
A. You only need to make the project name unique, then you can perform the setup for any product family, such as Financials, Procurement, Human Capital Management and Supply Chain Management.
B. The Implementation Project is preconfigured and cannot be deleted or changed.
C. Plan your implementation project carefully because you cannot delete it or make changes later.
D. You must select the Offering "Financials," and each individual product or option to perform the setup for each product in Financials Cloud.
E. Selecting the Offering "Financials," automatically allows you to perform the setup for all Financials Cloud products.
Answer: D