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NEW QUESTION: 1
Residco, Inc. expects net income of $800,000 for the next fiscal year. Its targeted and current capital
structure is 40 percent debt and 60 percent common equity. The director of capital budgeting has
determined that the optimal capital spending for next year is $1.2 million. Residco does not plan to issue
any new common equity next year. If Residco follows a strict residual dividend policy, what is the
expected dividend payout ratio for next year?
A. 66.7 percent.
B. 90.0 percent.
C. 40.0 percent.
D. 10.0 percent.
Answer: D
Explanation:
Choice "d" is correct. A strict dividend policy guides a company's management to pay no more (and no
less) in dividends from net income to generate a change in equity that produces or maintains a targeted
capital structure. The dividend pay out ratio is the ratio of dividends to income. The call of the question
requires the calculation of the ratio of dividends to income assuming income, capital projects and capital
structure amounts as follows:

Assuming the company is in compliance with the 40/60 Debt/Equity capital structure to begin with, 60% of
the $1,200,000 in capital projects will be financed by additions to equity the come from new earnings of
$ 800,000. The equity funded portion of capital projects is $720,000 ($1,200,000 x 60%).
Following a strict residual dividend policy, the company will pay out the difference between is additions to
equity ($800,000 in income) and the amounts reinvested in the business ($720,000).
The dividend will be $80,000. ($800,000 - $720,000).
The dividend payout ratio is, therefore, 10% ($80,000 in dividends/ $800,000 in income).
Choices "a", "b", and "c" are incorrect, per the above calculation.

NEW QUESTION: 2
HSRPグループ内のルーターの優先度を確認するには、どのコマンドを入力する必要がありますか?
A. インターフェースを表示
B. セッションを表示
C. hsrpを表示
D. スタンバイを表示
Answer: D

NEW QUESTION: 3
You are the project manager of the NDF project. You need to determine how often a complete project report can be made, including forecasted project completion information for your project. How often should the report be created?
A. Regularly or on an exception basis
B. Exception-by-exception basis
C. Weekly
D. One per status milestone reached
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Performance reports should be created regularly or on an exception basis. A performance report tracks the performance of the program/project team members. A template can be created that tracks performance, such as work results, schedule, costs, and other factors. The performance report must include both the positive and negative performance for the staff.
Incorrect Answers:
A: Weekly may be appropriate for many projects, but it does not include the opportunity to create a report by exception.
B: This is not a valid answer as milestones will vary per project and does not offer an opportunity for exceptions reporting.
D: Regular reporting is also needed or at least, an option for the project manager.

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