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Financial Risk and Regulation (FRR) Series

  • Exam Number/Code : 2016-FRR
  • Exam Name : Financial Risk and Regulation (FRR) Series
  • Questions and Answers : 213 Q&As
  • Update Time: 2019-01-10
  • Price: $ 99.00 $ 39.00

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NEW QUESTION: 1
Which Cisco platform can verify ACLs?
A. Cisco Wireless LAN Controller
B. Cisco IOS-XE
C. Cisco APIC-EM
D. Cisco Prime Infrastructure
Answer: D

NEW QUESTION: 2
Flavortech Inc. expects EBIT of $2,000,000 for the coming year. The firm's capital structure consists of 40 percent debt and 60 percent equity, and its marginal tax rate is 40 percent. The cost of equity is 14 percent, and the company pays a 10 percent rate on its $5,000,000 of long-term debt. One million shares of common stock are outstanding. In its next capital budgeting cycle, the firm expects to fund one large positive NPV project costing $1,200,000, and it will fund this project in accordance with its target capital structure. If the firm follows a residual dividend policy and has no other projects, what is its expected dividend payout ratio?
A. 100%
B. 20%
C. 40%
D. 0%
E. 60%
Answer: B
Explanation:
Explanation/Reference:
Explanation:
EBIT$2,000,000
- I500,000 ($5,000,000 debt x 10% coupon)
EBT1,500,000
- Taxes600,000 ($1,500,000 EBT x 40% tax rate)
NI900,000
Project funding $1,200,000 project funded:
Residual earnings 0.60 equity = $720,000
0.40 debt = $480,000
Payable as dividends: 900,000 - 720,000 = $180,000
Dividend payout ratio = $180,000/$900,000 = 20%.

NEW QUESTION: 3
Examine this function:

Execute the query:
SELECT remap_schema FROM dual;
Which is the correct output from the query?
A. CREATE TABLE "EMP" ("EMPNO" NUMBER (4,0), "ENAME" VARCHAR2 (10), "JOB" VARCHAR2 (9), "MGR" NUMBER (4,0), "HIREDATE"DATE, "SAL" NUMBER (7, 2) ,
"COMM" NUMBER (7, 2), "DEPTNO" NUMBER (2,0),CONSTRAINT "PK_EMP" PRIMARY KEY ("EMPNO")USING INDEX PCTFREE 10 INITRANS 2 MAXTRANS 255STORAGE (INITIAL 65536 NEXT 1048576 MINEXTENTS 1 MAXEXTENTS
2 417483645PCTINCREASE 0 FREELISTS 1 FREELIST GROUPS 1BUFFER_POOL
DEFAULT FLASH_CHACHE DEFAULT CELL_FLASH_CACHE DEFAULT)TABLESPACE
"SYSAUX" ENABLE,CONSTRAINT "FK_DEPTNO" FOREIGN KEY
("DEPTNO")REFERENCES "DEPT" ("DEPTNO") ENABLE) SEGMENT CREATION
IMMEDIATEPCTFREE 10 PCTUSED 40 INITRANS 1 MAXTRANS 255NOCOMPRESS
LOGGINGSTORAGE (INITIAL 65536 NEXT 1048576 MINEXTENTS 1 MAXEXTENTS
2147483645PCTINCREASE 0 FREELISTS 1 FREELIST GROUPS 1BUFFER_POOL
DEFAULT FLASH_CACHE DEFAULT CELL_FLASH_CACHE DEFAULT)TABLESPACE
"SYSAUX"
B. CREATE TABLE "EMP" ("EMPNO" NUMBER (4, 0), "ENAME" VARCHAR2 (10), "JOB" VARCHAR2 (9), "MGR" NUMBER (4, 0), "HIREDATE" DATE, "SAL" NUMBER (7, 2),
"COMM" NUMBER (7, 2), "DEPTNO" NUMBER (2, 0),CONSTRAINT "PK_EMP" PRIMARY KEY ("EMPNO")USING INDEX ENABLE,CONSTRAINT "FK_DEPTNO" FOREIGN KEY ("DEPTNO")REFERENCES "DEPT" ("DEPTNO") ENABLE)
C. CREATE TABLE "SCOTT". "EMP" ("EMPNO" NUMBER (4, 0), "ENAME" VARCHAR2 (10), "JOB" VARCHAR2 (9), "MGR" NUMBER (4, 0), "HIREDATE" DATE, "SAL" NUMBER (7, 2), "COMM" NUMBER (7, 2), "DEPTNO" NUMBER (2, 0),CONSTRAINT "PK_EMP" PRIMARY KEY ("EMPNO")USING INDEX ENABLE,CONSTRAINT "FK_DEPTNO" FOREIGN KEY ("DEPTNO")REFERENCES "DEPT" ("DEPTNO") ENABLE)
D. CREATE TABLE "EMP" ("EMPNO" NUMBER (4,0), "ENAME" VARCHAR2 (10), "JOB" VARCHAR2 (9), "MGR" NUMBER (4,0), "HIREDATE"DATE, "SAL" NUMBER (7,2) ,
"COMM" NUMBER (7,2), "DEPTNO" NUMBER (2,0),CONSTRAINT "PK_EMP" PRIMARY
KEY ("EMPNO")USING INDEX PCTFREE 10 INITRANS 2 MAXTRANS 255STORAGE
(INITIAL 65536 NEXT 1048576 MINEXTENTS 1 MAXEXTENTS
2 417483645PCTINCREASE 0 FREELISTS 1 FREELIST GROUPS 1BUFFER_POOL
DEFAULT FLASH_CHACHE DEFAULT CELL_FLASH_CACHE DEFAULT)TABLESPACE
"USERS" ENABLE,CONSTRAINT "FK_DEPTNO" FOREIGN KEY
("DEPTNO")REFERENCES "DEPT" ("DEPTNO") ENABLE) SEGMENT CREATION
IMMEDIATEPCTFREE 10 PCTUSED 40 INITRANS 1 MAXTRANS 255NOCOMPRESS
LOGGINGSTORAGE (INITIAL 65536 NEXT 1048576 MINEXTENTS 1 MAXEXTENTS
2 147483645PCTINCREASE 0 FREELISTS 1 FREELIST GROUPS 1BUFFER_POOL
DEFAULT FLASH_CACHE DEFAULT CELL_FLASH_CACHE DEFAULT)TABLESPACE
"USERS"
Answer: B