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NEW QUESTION: 1
Brock Brothers wants to maintain its capital structure, which is 30 percent debt, and 70 percent equity. The company forecasts that its net income this year will be $1,000,000. The company follows a residual dividend policy, and anticipates a dividend payout ratio of 40 percent. What is the size of the company's capital budget?
A. $1,428,571
B. $1,000,000
C. $600,000
D. $857,143
E. $2,000,000
Answer: D
Explanation:
Explanation/Reference:
Explanation:
Since the company expects to pay out 40% of net income or $400,000, it must expect to have $600,000 of retained earnings available for capital investment. Given that the firm will finance new investment with 70% equity and 30% debt, $600,000 must represent 70% of the firm's capital budget, that is, $600,000 = (0.7) CB or CB = $857,143.

NEW QUESTION: 2
Which type of digital disruption technology is key to obtaining insights from the data companies collect?
A. Augmented reality
B. Artificial intelligence
C. DevOps
D. Composable infrastructure
Answer: B

NEW QUESTION: 3
HOTSPOT
You are a SharePoint administrator for Contoso, Ltd.
You manage an on-premises SharePoint environment. A user named User1 is the site collection administrator for the Human Resources (HR) site. User1 leaves the company and is replaced with a user named User2. Access requests for the HR SharePoint site are still being sent to User1.
You need to ensure that User2 receives all access requests to the HR site.
How should you complete the Windows PowerShell commands? To answer, select the appropriate Windows PowerShell segment from each list in the answer area.
Hot Area:

Answer:
Explanation: