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NEW QUESTION: 1
Company ABC needs external capital to finance a new product line. Its operating leverage is high, and its revolving credit agreement contains a ratings trigger. What will Company ABC MOST LIKELY do to finance its new product line?
A. Issue common stock.
B. Issue convertible debentures.
C. Issue long-term notes.
D. Use retained earnings.
Answer: A
NEW QUESTION: 2
You need to prevent remote users from publishing via FTP to a function app named FunctionApplod7509087fa.
Remote users must be able to publish via FTPS.
What should you do from the Azure portal?
Answer:
Explanation:
See explanation below.
Explanation
Step 1:
Locate and select the function app FunctionApplod7509087fa.
Step 2:
Select Application Settings > FTP Access, change FTP access to FTPS Only, and click Save.
References:
https://blogs.msdn.microsoft.com/appserviceteam/2018/05/08/web-apps-making-changes-to-ftp-deployments/
NEW QUESTION: 3
An engineer is configuring VLT between two MXL switches. The engineer runs a show vlt brief command on one of the MXLs and receives the status shown in the exhibit. What should the engineer verify to fix the issue?
A. MXLs can ping each other on their management IPs
B. Both MXLs are powered on and fully booted into the OS
C. Both MXLs run the same firmware version
D. VLT cables are plugged in and have a link light
Answer: C
NEW QUESTION: 4
Williams, Inc. is interested in measuring its overall cost of capital and has gathered the following data.
Under the terms described below, the company can sell unlimited amounts of all instruments.
. Williams can raise cash by selling $1,000, 8 percent, 20-year bonds with annual interest payments.
In selling the issue, an average premium of $30 per bond would be received, and the firm must pay
floatation costs of $30 per bond. The after-tax cost of funds is estimated to be 4.8 percent.
. Williams can sell 8 percent preferred stock at par value, $105 per share. The cost of issuing and selling
the preferred stock is expected to be $5 per share.
. Williams' common stock is currently selling for $100 per share. The firm expects to pay cash dividends of
$ 7 per share next year, and the dividends are expected to remain constant. The stock will have to be
underpriced by $3 per share, and floatation costs are expected to amount to $5 per share.
. Williams expects to have available $100,000 of retained earnings in the coming year; once these
retained earnings are exhausted, the firm will use new common stock as the form of common stock equity
financing.
. Williams' preferred capital structure is:
Long-term debt 30%
Preferred stock 20
Common stock 50
If Williams, Inc. needs a total of $200,000, the firm's weighted-average cost of capital would be closest to:
A. 6.6 percent.
B. 4.8 percent.
C. 6.8 percent.
D. 7.3 percent.
Answer: A
Explanation:
Choice "b" is correct. 6.6%. Williams' after tax cost of debt is 4.8% and cost of preferred stock is 8.4%
($105/share less issue costs of $5/share). The cost of equity (as calculated in a prior question) is 7.0%.
This question pertains to the manner in which changes in the required amount of capital will impact the
weighted average cost of capital governed by the target capital structure. The rates are given, and you
must derive the weights. The company needs a total of $200,000. The question gives you the amount of
Retained Earnings at $100,000, the source of 7% dividend payments on common shares. If all that is
needed is $200,000, then, by definition, the target capital structure is "priced out" as shown with 7%
common equity of $100,000 being equal to 50% of the target capital structure totaling $200,000 without
any modification:
Choices "a", "c", and "d" are incorrect, per the above Explanation:.
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