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Which SQL statement would be used to retrieve only salaries that are greater than $100,000.00 from a table named EMPLOYEE?
A. SELECT salary FROM employee WHERE salary > 100000
B. SELECT * FROM employee WHERE salary < 100000
C. SELECT * FROM employee WHERE salary GREATER THAN 100000
D. SELECT salary FROM employee WHERE salary > 100,000.00
Answer: A
Jackson Corporation is evaluating the following four independent, investment opportunities:
Project CostRate of Return
A$300,000 14%
B$150,000 10
C$200,000 13
D$400,000 11
Jackson's target capital structure is 60 percent debt and 40 percent equity. The yield to maturity on the company's debt is 10 percent. Jackson will incur flotation costs for a new equity issuance of 12 percent.
The growth rate is a constant 6 percent. The stock price is currently $35 per share for each of the 10,000 shares outstanding. Jackson expects to earn net income of $100,000 this coming year and the dividend payout ratio will be 50 percent. If the company's tax rate is 30 percent, then which of the projects will be accepted?
A. Project A.
B. All of the investment projects will be taken.
C. Projects A, C, and D.
D. None of the investment projects will be taken.
E. Projects A and C.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Calculate the after-tax component cost of debt as 10%(1 - 0.3) = 7%. If the company has earnings of
$100,000 and pays out 50% or $50,000 in dividends, then it will retain earnings of $50,000. The retained earnings breakpoint is $50,000/0.4 = $125,000. Since it will require financing in excess of $125,000 to undertake any of the alternatives, we can conclude the firm must issue new equity. Therefore, the pertinent component cost of equity is the cost of new equity. Calculate the expected dividend per share as
$50,000/10,000 = $5. Thus, the cost of new equity is $5/[($35(1 - 0.12)] + 6% = 22.23%. Jackson's WACC is 7%(0.6) + 22.23%(0.4) = 13.09%. Only the return on Project A exceeds the WACC, so only Project A will be undertaken.
Case Study 2 - Contoso, Ltd
Overview
Contoso, Ltd. is a manufacturing company that has offices worldwide. Contoso works with partner organizations to bring products to market.
Contoso products are manufactured by using blueprint files that the company authors and maintains.
Existing Environment
Currently, Contoso uses multiple types of servers for business operations, including the following:
- File servers
- Domain controllers
- Microsoft SQL Server servers
Your network contains an Active Directory forest named contoso.com. All servers and client computers are joined to Active Directory.
You have a public-facing application named App1. App1 is comprised of the following three tiers:
- A SQL database
- A web front end
- A processing middle tier
Each tier is comprised of five virtual machines. Users access the web front end by using HTTPS only.
Requirements
Planned Changes
Contoso plans to implement the following changes to the infrastructure:
- Move all the tiers of App1 to Azure.
- Move the existing product blueprint files to Azure Blob storage.
- Create a hybrid directory to support an upcoming Microsoft Office 365 migration project.
Technical Requirements
Contoso must meet the following technical requirements:
- Move all the virtual machines for App1 to Azure.
- Minimize the number of open ports between the App1 tiers.
- Ensure that all the virtual machines for App1 are protected by
backups.
- Copy the blueprint files to Azure over the Internet.
- Ensure that the blueprint files are stored in the archive storage
tier.
- Ensure that partner access to the blueprint files is secured and
temporary.
- Prevent user passwords or hashes of passwords from being stored in
Azure.
- Use unmanaged standard storage for the hard disks of the
virtualmachines.
- Ensure that when users join devices to Azure Active Directory (Azure
AD), the users use a mobile phone to verify their identity.
- Minimize administrative effort whenever possible.
User Requirements
Contoso identifies the following requirements for users:
- Ensure that only users who are part of a group named Pilot can join
devices to Azure AD.
- Designate a new user named Admin1 as the service administrator of the Azure subscription.
- Ensure that a new user named User3 can create network objects for the Azure subscription.
Hotspot Question
You need to identify the storage requirements for Contoso.
For each of the following statements, select Yes if the statement is true. Otherwise, select No.
NOTE: Each correct selection is worth one point.
Answer:
Explanation:
Explanation:
Box 1: Yes
Contoso is moving the existing product blueprint files to Azure Blob storage. Use unmanaged standard storage for the hard disks of the virtual machines. We use Page Blobs for these.
Box 2: No
Box 3: No
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