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NEW QUESTION: 1
Yummy Doughnuts (YD) sells a variety of doughnuts and other related items through both company-owned locations and franchise locations. YD has experienced significant growth over the past five years.
However, barriers to entry are low and competition is increasing.
Linda Haas, CFA, follows YD for Gibraltar Capital. Gibraltar Capital prides itself on its thorough fundamental analysis of investment opportunities. The company uses a bottom-up approach to the investment process. Haas's security selection process utilizes residual income models to determine a stock's intrinsic value. Haas obtains YD's 2008 financial statements shown in Exhibit 1. In addition, Haas provides supporting information about YD's financials and other related material found in Exhibit 2.
Haas makes the following statements during her YD presentation to the investment committee.
Statement 1: Based on ROE mean reversion, YD's continuing residual income is assumed to decline to zero over time.
Statement 2: The residual income model states that if YD's ROE equals its equity cost of capital, then YD's intrinsic value will equal its book value per share.
Haas makes a statement about an assumption concerning residual income (Statement 1) and the residual income model (Statement 2). Which of the statements is correct?
A. Only Statement 1 is correct.
B. Only Statement 2 is correct.
C. Both Statements 1 and 2 are correct.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
Statement 1 is correct. The multistage residual income model uses continuing residual income to denote the long-run residual income. Based on reversion to the mean, and increasing competition for YD, continuing residual income would be expected to decline to zero over time. Statement 2 is correct. Based on the residual income model formula, V0 = B0 + (ROE - r) x B0 / (r - g). If ROE = r, then V0 = B0. (Study Session 13, LOS 43.d,j)
NEW QUESTION: 2
An IBM technical specialist has positioned a single storage enclosure IBM FlashSystem V9000 storage solution to meet a customer's requirement for a storage solution to host high IOPs with low latency workloads.
Which technology is used?
A. IBM Data Placement Optimization
B. IBM Easy Tier
C. IBM Storage Pool Balancing
D. IBM FlashCore
Answer: D
Explanation:
Explanation/Reference:
Reference
https://www.ibm.com/support/knowledgecenter/STJKMM_12.0.3/PDFs/
IBM_FlashSystem_A9000_12.0.2.a_RN.pdf?view=kc (page 5)
NEW QUESTION: 3
ある会社では、Microsoft Flowを使用してタスクを自動化する予定です。
各フロータイプをその機能に一致させます。回答するには、適切なフロータイプを左側の列から右側の説明にドラッグします。各オプションは、1回、複数回、またはまったく使用しない場合があります。
注：それぞれの正しい一致は1ポイントの価値があります。
Answer:
Explanation:
Explanation:
Box 1: automated
Automated flows start with an event or trigger, such as an email being received. These also support a multitude of actions in the 200+ Flow connectors.
Box 2: business process
The business process flow that creates stages or screens that enforce a certain sequence of steps. It collects data from users for each step in the stage and can kick off automated workflows.
Box 3: scheduled
Scheduled flows run regular reports that are sent out to a team and summarize everything that's happened in the past week. This includes everything from simple daily scheduling to more complex scheduling like "every 3rd Monday." Box 4: instant An instant flow is triggered when you click a button inside of the Flow mobile app, SharePoint, Dynamics, PowerApps, or Excel that passes context directly into your flow.
Note: There are four different Flow types that you can choose from when starting out. You can create a scheduled flow, automated flow, instant flow, or a business process flow.
Reference:
https://www.avepoint.com/blog/office-365/office-365-automation/
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