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NEW QUESTION: 1
eSpace Mobile HD only supports iPad
A. TRUE
B. FALSE
Answer: B

NEW QUESTION: 2
Erwin DeLavall, the Plant Manager of Patch Grove Cabinets, is trying to decide whether or not to replace the old manual lathe machine with a new computerized lathe. He thinks the new machine will add value, but is not sure how to quantify his opinion. He asks his colleague, Terri Wharten, for advice. Wharten's son just happens to be a Level 2 CFA candidate. DeLavall and Wharten provide the following information to Wharten's son:
Company Assumptions:
New Machine Assumptions:
Which of the following choices is most correct? Patch Grove Cabinets should:
A. not replace the old lathe with the new lathe because the new one will decrease the firm's value by
$3,132.
B. replace the old lathe with the new lathe because the new one will add $10,316 to the firm's value.
C. not replace the old lathe with the new lathe because the new one will decrease the firm's value by
$5,370.
D. replace the old lathe with the new lathe because the new one will add $3,760 to the firm's value.
Answer: D
Explanation:
Explanation/Reference:
Explanation:
The valuation method that shows the project's impact on the value of the firm is net present value (NPV).
To calculate NPV, we need to determine the initial investment outlay, the operating cash flows, and the terminal year cash flows. Then, we discount the cash flows at the WACC. The calculations are as follows:
Step 1: Initial Investment Outlay:
= cost of new machine + proceeds/loss from old machine + change in net working capital (NWC)
= -$90,000 + $30,000 - $6,800 + $5,000 =-$61,800(cash outflow)
Details of calculation:
o Sales price = $30,000inflow
o Tax/tax credit: $6,800outflow
o NWC =current assets -current liabilities = 20,000 - 25,000 = -5,000 (a decrease in working capital is a source of funds) Step 2: Operating Cash Flows (years 1-4):Given as$16,800inflow
Step 3: Terminal Value:
=year 5 cash flow + return/use of NWC + proceeds/loss from disposal of new machine + tax/tax credit
=$16,800 - $5,000 + $15,000 + $1,920 =$28,720inflow
Details of calculation:
o Sales price = $15,000inflow
o Tax/tax credit: $1,920inflow
Step 4:Calculate NPV:
NPV = -$61,800 + ($16,800 / 1.131) + ($16,800 / 1.132) +($16,800 / 1.133) +($16,800 / 1.134) +($28,720 /
1.135) =$3,759.
Since the NPV is positive, Patch Grove should replace the old lathe with the new one, because the new lathe will increase the firm's value by the amount of the NPV, or $3,759.
You may also solve this problem quickly by using the cash flow (CF) key on your calculator.

NEW QUESTION: 3
NO: 63
Which three requirements must be met to share Enhanced Location Based Call Admission Control bandwidth usage between clusters? (Choose three.)
A. SIP ICT must use the Shadow location.
B. The Location Bandwidth Manager Service should be started on only two servers in each cluster.
C. A Location Bandwidth Manager Hub Group must be created for each cluster.
D. Links must be created to the Shadow location.
E. The Cisco Unified Communications Manager version must be 8.6 or higher.
F. The location name must be the same on both clusters.
Answer: A,C,F
Explanation:
Recommendations and Design Considerations for Unified CM Session Management Edition Deployments
All leaf clusters that support E-L CAC should be enabled for intercluster E-L CAC with
SME.
SME can be used as a centralized bootstrap hub for the E-L CAC intercluster hub
replication network. See LBM Hub Replication Network, for more information.
All trunks to leaf clusters supporting E-L CAC should be SIP trunks placed in the shadow
location to enable E-L CAC on the trunk between SME and the leaf clusters supporting E-L CAC.
For TelePresence video interoperability, see the section on Call Admission Control Design Recommendations for TelePresence Video Interoperability Architectures.
Connectivity from SME to any trunk or device other than a Unified CM that supports E-L 95
CAC (some examples are third-party PBXs, gateways, Unified CM clusters prior to release
9.0 that do not support E-L CAC, voice messaging ports or trunks to conference bridges,
than a phantom or shadow location. The reason for this is that both phantom and shadow locations are non-terminating locations; that is, they relay information about locations and are effectively placeholders for user-defined locations on other clusters. Phantom locations are legacy locations that allow for the transmission of location information in versions of Unified CM prior to 9.0, but they are not supported with Unified CM 9.x Enhanced Locations CAC. Shadow locations are special locations that enable trunks between Unified CM clusters that support E-L CAC to accomplish it end-to-end.
SME can be used as a locations and link management cluster