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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. 25%
B. 30%
C. 40%
D. 35%
E. 45%
Answer: C
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
An organization has several production critical SCADA supervisory systems that cannot follow the normal 30-day patching policy. Which of the following BEST maximizes the
protection of these systems from malicious software?
A. Configure a firewall with deep packet inspection that restricts traffic to the systems
B. Configure the systems to ensure only necessary applications are able to run
C. Configure a separate zone for the systems and restrict access to known ports
D. Configure the host firewall to ensure only the necessary applications have listening ports
Answer: B

NEW QUESTION: 3
When designing a layer 2 STP-based LAN with Layer 3 FHRP, which design recommendation should be followed?
A. Align the STP root with the active FHRP device.
B. Avoid modifying default STP and FHRP timers.
C. Avoid configuring router preemption.
D. Assign the native VLAN to the lowest number in use.
Answer: A
Explanation:
Explanation/Reference:
Explanation: