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Virginia Insurance Virginia-Life-Annuities-and-Health-Insurance - Virginia Life, Annuities, and Health Insurance Examination Series 11-01 Exam Braindumps

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  • Exam Name:Virginia Life, Annuities, and Health Insurance Examination Series 11-01 Exam Exam
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NEW QUESTION: 1
Visible security cameras are considered to be which of the following types of security controls?
A. Administrative
B. Deterrent
C. Technical
D. Compensating
Answer: B

NEW QUESTION: 2
What are the deployment methods of NB-IoT?
A. In-band deployment
B. Independent deployment
C. Protection belt deployment
D. TDD system deployment
Answer: A,B,C

NEW QUESTION: 3
Ace Consulting, a corporate finance consulting firm, is examining the operations of Intelligent Semiconductor and has determined the following information:
Sales $1,000,000
Total variable costs $270,000
Total fixed costs $400,000
Interest expense $75,000
EBIT $325,000
Given this information, what is the degree of total leverage for Intelligent Semiconductor?
A. 1.4925
B. 2.292
C. 2.863
D. 3.077
E. 1.342
Answer: C
Explanation:
Explanation/Reference:
Explanation:
The Degree of Total Leverage (DTL) demonstrates how a given change in sales will impact a firm's EPS.
The equation used for calculating the DTL is as follows: {[Sales - variable costs] / [sales - variable costs - fixed costs - interest expense]}. Incorporating the given values for these components into the DTL equation yields the following: {[Sales $1,000,000 - variable costs $270,000] / [sales $1,000,000 - variable costs
$270,000 - fixed costs $400,000 - interest expense $75,000]}=2.863. The EBIT figure is not explicitly incorporated into the DTL equation.

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