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NEW QUESTION: 1
To prepare an IBM Domino server to accept SSL/TLS connections the ikeyman utility needs to be used. Where is this located?
A. <Domino Progam Directory> \SSL\bin
B. <Domino Data Directory> \HTTP\bin
C. <Domino Data Directory> \IHS\bin
D. <Domino Progam Directory> \IHS\bin
Answer: D
NEW QUESTION: 2
Specifying a "running user" in dashboard means:
A. Only the running user can view the dashboard
B. Any user below running user can view only their own records
C. Any user above running user can edit and delete the dashboard
D. Any user can view all records that the running user role can view
Answer: D
NEW QUESTION: 3
A. Option A
B. Option D
C. Option C
D. Option B
Answer: C
NEW QUESTION: 4
Which of the following firms would likely have the lowest dividend payout ratio? Further, the capital structure of this firm would likely be weighted more heavily with debt or equity? Choose the best answer.
A. A nationwide grocery chain; debt
B. A healthcare company specializing in home care; debt
C. A fledgling biotechnology company; equity
D. A specialty retailer; equity
E. A large computer manufacturer; debt
Answer: C
Explanation:
Explanation/Reference:
Explanation:
Of the firms listed, the biotechnology company would be expected to have the lowest dividend payout ratio.
The nascent biotechnology industry is characterized by a high degree of investment in research and development, along with a high growth rate and high level of uncertainty. All of these factors are conducive to a high retention rate, i.e. a low dividend payout ratio.
Further, firms within industries associated with high growth rates and high levels of uncertainty are likely to be financed primarily with equity. This is reasoned by several factors, some of which include the following:
Firms in new industries typically have a balance sheet weighted heavily toward intangible assets, which can neither be easily liquidated nor pledged as collateral for a loan.
Firms in new industries are characterized by a high degree of research and development expenses.
Equity provides firms with a higher degree of agility than debt financing.
The cash flows of firms in developing industries are characterized by a high degree of uncertainty.
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