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NEW QUESTION: 1
A firm is considering a project whose estimated cash flows have indicated a payback period of 3.68 years.
It requires an initial outlay of $1,000 and has end-of-year cash flows of $350, $270 and $225 in the first 3 years. The firm's marginal discount rate is 9%. The project's projected cash flow for year 4 equals
________.
A. 0
B. 1
C. 2
D. 3
Answer: D
Explanation:
Explanation/Reference:
Explanation:
The payback period is defined as the expected number of years that would be required to recover the original investment. In particular, Payback period = Years before full recovery + (unrecovered cost at the start of payback year)/(net cash flow in the payback year) In this case, the recovery occurs in the 3rd year.
At the beginning of the 3rd year, the unrecovered cost equals 1,000 - 350 - 270 - 225 = 155. If total cash flow in the 4th year equals C, then payback period = 3 + 155/C = 3.68 years. Solving for C gives C = 228.
Note that the discount rate does not figure in the calculation of payback period.

NEW QUESTION: 2
Mit welchen Befehlen können die Alterungsinformationen eines Benutzers geändert werden? (Wähle DREI richtige Antworten.)
A. chsh
B. passwd
C. chage
D. chattr
E. usermod
Answer: B,C,E

NEW QUESTION: 3
You create a stored procedure that will update multiple tables within a transaction.
You need to ensure that if the stored procedure raises a run-time error, the entire transaction is terminated and rolled back.
Which Transact-SQL statement should you include at the beginning of the stored procedure?
A. SET XACT_ABORT ON
B. SET ARITHABORT ON
C. SET XACT_ABORT OFF
D. TRY
E. BEGIN
F. SET ARITHABORT OFF
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Reference: http://msdn.microsoft.com/en-us/library/ms190306.aspx
Reference: http://msdn.microsoft.com/en-us/library/ms188792.aspx