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NEW QUESTION: 1
Which of the following statements best describes the theories of investors' preferences for dividends?
A. One key advantage of a residual dividend policy is that it enables a company to follow a stable dividend policy.
B. The clientele effect suggests that companies should follow a stable dividend policy.
C. Modigliani and Miller argue that investors prefer dividends to capital gains.
D. The tax preference theory suggests that a company can increase its stock price by increasing its dividend payout ratio.
E. The bird-in-hand theory suggests that a company can reduce its cost of equity capital by reducing its dividend payout ratio.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
Different groups, or clientele, of stockholders prefer different dividend payout policies. Stockholders in a low or tax-free tax bracket generally prefer cash income, so a payout would be their preference. On the other hand, stockholders in a high tax bracket might prefer reinvestment of earnings because they have little need for current investment income. To the extent that stockholders can switch firms, a firm can change from one dividend payout policy to another to let stockholder who do not like the new policy sell to other investors who do. Yet this would be costly because of brokerage costs, the capital gains taxes that would have to be paid by the selling stockholders, and the chance that there will be a net loss of investors who like the firm's new dividend policy. Management should therefore, probably not change its policy.
Several studies show that there is a clientele effect, which is the tendency of a firm to attract a set of investors who like its dividend policy. The existence of the clientele effect does not necessarily imply that one dividend policy is better than another.
NEW QUESTION: 2
A company has requested that a new vSphere 6.5 design be created.
* The existing environment consists of 32 vSphere 6.0 hosts attached to an iSCSI storage array.
* The storage arrays contain external customer financial and medical records used by the company's investment and medical services division.
The design must:
* protect the company's existing data center investment
* expand to a second data center site
* introduce process automation
* expand to and fail over to public cloud
Which two non-functional requirements are applicable for this design? (Choose two.)
A. The automation solution must be compatible with the existing equipment.
B. The product of the design must account for regulatory compliance.
C. Every host in the design must have Lockdown Mode enabled for security.
D. The product of the design must feature 3DES encryption at the virtual machine disk level.
E. At least two 10Gbps interfaces must be dedicated to storage on each host.
Answer: D,E
NEW QUESTION: 3
You must not cross a double line to pass another car if the line on your side:
A. Is broken yellow
B. Has double raised yellow dots
C. Is solid yellow
Answer: C
NEW QUESTION: 4
Your network contains an Active Directory domain named contoso.com. The domain contains a Hyper-V host named Server1 that runs Windows Server 2016.
Server1 hosts four virtual machines that are members of the domain. The virtual machines are configured as shown in the following table.
Which virtual machines can you manage by using PowerShell Direct?
A. VM1, VM2, and VM3
B. only VM4
C. VM1, VM2, and VM4
D. only VM2
Answer: C
Explanation:
Explanation
To use PowerShell Direct, the host operating system must run at least Windows 10 or Windows Server 2016.
References:
https://docs.microsoft.com/en-us/windows-server/virtualization/hyper-v/manage/manage-windows-virtual-machi
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