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NEW QUESTION: 1
Which services are used in a NAS environment, but not in a SAN environment?
A. file access services
B. block access services
C. direct access services
D. object access services
Answer: A

NEW QUESTION: 2
Anna List, a portfolio manager, wishes to construct a portfolio of bonds which will exhibit very little market value sensitivity to changes in interest rates. Which of the following strategies would be consistent with this desire?
A. She should purchase as many zero-coupon bonds as possible.
B. She should purchase high coupon bonds with short maturities.
C. She should purchase a wide variety of bonds with exposure to as many maturities as possible. It will also help if she can get a good mix of both high coupon bonds with equal weighting in low or zero-coupon bonds.
Answer: B
Explanation:
When all other factors are constant, bonds with short maturities and relatively high coupons will be less sensitive to changes in interest rates. Thus, zero-coupon bonds tend to be the most price-sensitive when rates change.

NEW QUESTION: 3
Which of the following file formats does Android use for applicaton installaton?
A. .exe
B. .ipa
C. .api
D. .sdk
E. .apk
Answer: E

NEW QUESTION: 4
A retail company determines its selling price by marking up variable costs 60%. In addition, the company uses frequent selling price markdowns to stimulate sales. If the markdowns average 10%, what is the company's contribution margin ratio?
A. 41.7%
B. 27.5%
C. 30.6%
D. 37.5%
Answer: C
Explanation:
The contribution margin equals revenues minus variable costs. The CMR equals the UCM divided by the selling price. For example, if variable costs average US $10 per unit, the average selling price is US $16 $1.60 x $10). However, the 10% markdown implies that the actual average selling price is US $14.40 .90 x $16). The CMR is therefore 30.6% [ US $14.40 - $10.00) - $14.40]. A company that sells its single product for US $40 per unit uses cost-volume-profit analysis in its planning. The company's after-tax profit for the past year was US $1,188,000 applying an effective tax rate of 40%. The projected costs for manufacturing and selling its single product in the coming year are listed.