flows
comes
derives
originates
第1题:
(ii) The sales director has suggested to Damian, that to encourage the salesmen to accept the new arrangement,
the company should increase the value of the accessories of their own choice that can be fitted to the low
emission cars.
State, giving reasons, whether or not Damian should implement the sales director’s suggestion.
(2 marks)
第2题:
Ezonexam has implemented the use of VLANs in their network. Which of the following are considered to be a benefit of VLANs? (Choose three)
A. They increase the size of collision domains.
B. They allow logical grouping of users by function.
C. They can enhance network security,
D. The increase the size of broadcast domains while decreasing the number of the broadcast domains.
E. The increase the number of broadcast domains while decreasing the size of the broadcast domains.
F. They simplify switch administration.
第3题:
A.help
B.man
C.F1
D.Clear
第4题:
A. They increase the size of collision domains.
B. They allow logical grouping of users by function.
C. They can enhance network security.
D. They increase the size of broadcast domains while decreasing the number of collision domains.
E. They increase the number of broadcast domains while decreasing the size of the broadcast domains.
F. They simplify switch administration.
第5题:
Which of the following is NOT true?
A) When a person tries to help others, he must be clear that there is a real emergency.
B) When a person tries to help others, he should know whether they are worth his help.
C) A person must take the full responsibility for the safety of those in emergencies if he wants to help.
D) A person with a heart attack needs help.
第6题:
The newspaper says that the weather is going to_________tomorrow.
A. clear of
B. clear out
C. clear off
D. clear up
第7题:
decide whether the following translations are true or false. most of the research concluded that for each 100-point increase in the average sat score, a graduate could expect a 3% to 7% increase in lifetime earnings. 译文: 大多数调查的结论是,sat的平均成绩每高出100分,大学毕业生一年的收入便会增加3%到7%。 ()
第8题:
(c) Acting as an external consultant to Semer, discuss the validity of the proposed strategy to increase gearing, and explain whether or not the estimates produced in (b) above are likely to be accurate. (10 marks)
(c) Report on the proposed adjustment of gearing through the repurchase of ordinary shares
The effect of capital structure on the value of a company is not fully understood.
Increasing the proportion of debt in the capital structure may reduce the overall cost of capital due to the interest on debt being a tax allowable expense. Even if a company is in a non-tax paying position, mixing additional low cost debt with relatively expensive equity might reduce the weighted average cost of capital. In such circumstances the proposed strategy to increase gearing would have some validity. However, increasing gearing can also bring problems. Risk to investors, and therefore the required returns on equity and debt, will increase as gearing increases. Very high levels of gearing might lead to
direct and indirect bankruptcy costs, with a detrimental effect on cash flow and corporate value. Any benefits from increasing the proportion of debt in the capital structure will be to some extent offset as a result of increased risk with high gearing.
The revised estimates of the effect on the cost of capital and value of Semer are not likely to be accurate. Reasons for this include:
(i) The company will not be able to repurchase the necessary shares at their current market value. Approximately £240 million value of equity would need to be repurchased, or more than one third of the existing market value of equity.
As repurchases take place it is likely that the share price will significantly increase.
(ii) The cost of debt is unlikely to remain constant. As more debt is issued lenders will demand a higher interest rate to compensate for the extra risk resulting from higher gearing levels. The cost of equity will also increase with higher gearing. These effects will increase the weighted average cost of capital to a higher level than that estimated.
(iii) The precise market values of debt and equity after the repurchase are unknown, and again will reflect the market attitude
to the new risk of the higher gearing.
The value of the company is likely to be much lower than that estimated, as the weighted average cost of capital is likely to be underestimated.
第9题:
Which of the following a true statements regarding the use of VLANs to segment a network? (Select three)
A. They increase the size of collision domains
B. They allow logical grouping of users by function.
C. They can enhance network security.
D. They increase the size of the broadcast domain while decreasing the number of collision domains.
E. They increase the number of broadcast domains while decreasing the size of the broadcast domains.
F. They simplify switch administration.
第10题: