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NEW QUESTION: 1
Lorenz Kummert is a junior equity analyst who is following Schubert, Inc. (Schubert), a small publicly traded company in the United States. His supervisor, Markus Alter, CFA, has advised him to use the residual income model to analyze Schubert.
In his preliminary report to Alter, Kummert makes the following statements:
Statement 1: Residual income models are appropriate when expected free cash flows are negative for the foreseeable future.
Statement 2: Residual income models are not applicable when cash flows are volatile.
Kummert has determined Schubert's cost of equity, cost of debt, and weighted average cost of capital (WACC) to be 12.8%, 8.4%, and 11.9%, respectively. The current price of the stock is $35 per share and there are 130,000 shares outstanding. The relevant tax rate is 30%, and return on equity (ROE) is expected to be 13%.
Summarized financial information about Schubert for 2008 is provided in Exhibits I and II.

Based on his analysis of several years of financial statements, Kummert notes that 2008 was an exceptionally profitable year for Schubert, and that its dividend payouts are usually low because the funds are mainly reinvested in the firm to promote growth. Furthermore, there are very few nonrecurring items on the income statement. Upon review of Kummert's preliminary report, Alter concurs with his analysis of the financial statements but reminds him that Schubert's long-term debt is currently trading at 95% of its book value. He also cautions Kummert that violations of the clean surplus relation can bias the results of the residual income model.
The consensus annual EPS estimate for 2009 is $6.15, and the dividend payout ratio for 2009 is estimated at 5%.
Which of the following amounts is closest to the forecast of Schubert's book value per share and residual income, respectively, for 2009?
Book value per share ;Residual income
A. $38.00 ;$2.32
B. $38.31 ;$2.32
C. $38.00 ;$2.03
Answer: C
Explanation:
Explanation/Reference:
Explanation:

NEW QUESTION: 2
You have an Exchange Server 2016 organization. The organization contains servers that have either Exchange Server 2010 or Exchange Server 2016 installed.
You are migrating several thousands of mailboxes from an Exchange Server 2010 server named EX01 to an Exchange Server 2016 server named EX02. EX01 contains a single mailbox database.
You discover that only 20 mailboxes move concurrently.
You need to increase the number of mailboxes that move concurrently
What should you do?
A. Run the Set-MoveRequest
B. Edit the MsExchangeMailboxReplicatioan.exe.config file
C. Edit the MSExchangeMigrationWorkflow.exe.config file.
D. Run the Set-MigrationBatch
Answer: B

NEW QUESTION: 3
A business analyst must create a horizontal bar chart to identify the top Sales Reps. Customer Segment Description, and Customer City
* Users must be able t(