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NEW QUESTION: 1
下のグラフに示すように、ある映画会社は、収入レベルが1か月に視聴する映画の数に影響を与えると判断しました。
グラフは次のことを示しています。
A. 賃金が20%上がると、収入レベルに関係なく、映画の視聴が一定量増える可能性があります。
B. 1か月に見られる映画の数は、収入レベルの線形関数です。
C. 裕福な人は、貧しい人よりも常に多くの映画を見ます。
D. 20%の昇給は、高所得レベルよりも低所得レベルでの映画鑑賞を増加させる可能性が高くなります。
Answer: D
NEW QUESTION: 2
Henry is a business analyst in his organization and he's asked an expert to help him determine the best business analysis duties to implement. Why would Henry ask an expert to help him define the business analysis duties?
A. Henry can use expert judgment to determine the optimal business analysis approach.
B. Henry should always use expert judgment to confer on the business analysis approach.
C. Henry is a new business analyst.
D. Henry is using an expert to help save time.
Answer: A
Explanation:
Explanation
Using expert judgment is ideal to determine the optimal business analysis approach.
Answer A is incorrect. Even established business analyst can rely on expert judgment.
Answer C is incorrect. There's no proof presented that the expert will save time in the business analysis
duties.
Answer B is incorrect. Henry, and business analysts in general, don't always need to use expert judgment to
define the business analysis activities.
NEW QUESTION: 3
Copybold Corporation is a start-up firm considering two alternative capital structures--one is conservative and the other aggressive. The conservative capital structure calls for a D/A ratio = 0.25, while the aggressive strategy call for D/A = 0.75. Once the firm selects its target capital structure it envisions two possible scenarios for its operations: Feast or Famine. The Feast scenario has a 60 percent probability of occurring and forecast EBIT in this state is $60,000. The Famine state has a 40 percent chance of occurring and the EBIT is expected to be $20,000. Further, if the firm selects the conservative capital structure its cost of debt will be 10 percent, while with the aggressive capital structure its debt cost will be
12 percent. The firm will have $400,000 in total assets, it will face a 40 percent marginal tax rate, and the book value of equity per share under either scenario is $10.00 per share. What is the difference between the EPS forecasts for Feast and Famine under the aggressive capital structure?
A. $1.00
B. $0
C. $2.20
D. $2.40
E. $1.80
Answer: D
Explanation:
Explanation/Reference:
Explanation:
Debt = 75% = $300,000; Equity = 25% = $100,000; Total assets = $400,000.
FeastFamine
Probability0.60.4
EBIT$60,000$20,000
Less: Interest36,00036,000
EBT$24,000-$16,000
Less: Taxes9,600-6,400
NI$14,400-$9,600
# shares10,00010,000
EPS$1.44-$0.96
Difference in EPS for conservative capital structure:
EPS(Feast) - EPS(Famine) = $1.44 - (-$0.96) = $2.40
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