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NEW QUESTION: 1
You join two tables using a referential join and set the cardinality to 1...n What type of join is executed at runtime if your query does not request columns from the right table?
Please choose the correct answer.
Response:
A. Full outer join
B. left outer join
C. Inner join
D. Right outer join
Answer: C
NEW QUESTION: 2
General Investments is considering the purchase of a significant stake in Pacific Computer Components (PCC). Although PCC has stable production output, the company is located in a developing country with an uncertain economic environment. Since the monetary environment is particularly worrisome. General has decided to approach the valuation of PCC from a free cash flow model using real growth rates. In real rate analysis, General uses a modified build-up method for calculating the required real return, specifically:
required real return = country real rate + industry adjustment +
company adjustment
Elias Sando, CFA, an analyst with General, estimates the following information for PCC:
Domestic inflation rate = 8.738%
Nominal growth rate = 12.000%
Real country return = 3.000%
Industry adjustmen = 3.000%
Company adjustment = 2.000%
Additionally, Exhibit 1 reports information from PCC's financial statements for the year just ended (stated in LC).
PCC generally maintains relatively constant proportions of equity and debt financing and is expected to do so going forward.
Sando has gathered information on earnings before interest, taxes, depreciation, and amortization (EBITDA) and is contemplating its direct use in another cash flow approach aimed at valuing PCC.
Consider the following two statements regarding EBITDA:
Statement 1: EBITDA is not a good proxy for free cash flow to the firm (FCFF) because it does not incorporate the importance of the depreciation tax shield nor does it reflect the investment in working capital or in fixed capital.
Statement 2: EBITDA is also a poor proxy for FCFE.
Under the assumption that PCC maintains relatively constant proportions of equity and debt financing, the most appropriate valuation model is the:
A. residual income approach.
B. FCFE approach.
C. FCFF approach.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
Since the company's capital structure is reasonably stable and FCFE is positive, FCFE is a simpler approach to valuation than FCFF, EVA, or residual income, and is preferred in this case. (Study Session
11, LOS 41 .b and Study Session 12, 41.b)
NEW QUESTION: 3
ゲストの姿勢評価に推奨されるエージェントはどのオプションですか?
A. Mac OSX Agent
B. Windows NAC Agent
C. Windows Web Agent
D. Mac OSX Web Agent
Answer: C
NEW QUESTION: 4
How should you approach a new customer who is not tech-savvy and is concerned that changes in their IT environment will negatively impact their business productivity?
A. Describe how the end-to-end business-grade solutions in Just Right IT makes technologies that promote their core business initiatives easy to own and manage.
B. Show how the Just Right IT framework makes it easy to integrate products from several manufacturers, providing customers the flexibility to select options that best meet their unique needs.
C. Explain that HP Just Right IT is a service that provides customers with a framework for developing processes and workflows that promote their core business initiatives.
D. Position Just Right IT as a web-based series of affordable self-paced training courses that allows the customer to learn at their own pace.
Answer: A