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NEW QUESTION: 1



A. Option D
B. Option A
C. Option B
D. Option C
Answer: A

NEW QUESTION: 2
Williams, Inc. is interested in measuring its overall cost of capital and has gathered the following data.
Under the terms described below, the company can sell unlimited amounts of all instruments.
. Williams can raise cash by selling $1,000, 8 percent, 20-year bonds with annual interest payments.
In selling the issue, an average premium of $30 per bond would be received, and the firm must pay
floatation costs of $30 per bond. The after-tax cost of funds is estimated to be 4.8 percent.
. Williams can sell 8 percent preferred stock at par value, $105 per share. The cost of issuing and selling
the preferred stock is expected to be $5 per share.
. Williams' common stock is currently selling for $100 per share. The firm expects to pay cash dividends of
$ 7 per share next year, and the dividends are expected to remain constant. The stock will have to be
underpriced by $3 per share, and floatation costs are expected to amount to $5 per share.
. Williams expects to have available $100,000 of retained earnings in the coming year; once these
retained earnings are exhausted, the firm will use new common stock as the form of common stock equity
financing.
. Williams' preferred capital structure is:
Long-term debt 30%
Preferred stock 20
Common stock 50
The cost of funds from the sale of common stock for Williams, Inc. is:
A. 7.0 percent.
B. 7.4 percent.
C. 7.8 percent.
D. 7.6 percent.
Answer: D
Explanation:
Choice "b" is correct. 7.6%. Williams would receive $92 per share ($100 less $5 flotation cost and $3
underpricing) and pay an annual dividend of $7/share. The annual cost is:

This question purely asks the cost of new common shares issued. The problem gives you the expected
dividend to be paid annually ($7) and the net proceeds after issue costs and market adjustments $92
(current selling price of $100 minus the $3 market adjustment and the $5 floatation costs). The cost of
common shares issued is the finance charge (dividend) divided by the net proceeds of the issue $92 or
7 .6%. Choices "a", "c", and "d" are incorrect, per above.

NEW QUESTION: 3
Universal Containers does not have a direct sales team; its channel partners are responsible for selling and
servicing products. Over the past quarter, there has been an increased volume of leads. However, the Vice
President of Channels has been receiving many complaints from partners on the poor quality of the leads and
has noticed a significant drop in the lead conversion rate. What should a consultant recommend to improve
partner satisfaction with the leads being shared?
A. Create a custom lead score field to assess lead quality and assign the leads that exceed the score to '-'
partners
B. Assign all leads to the partner channel manager to validate the lead data and manually assign to partners
C. Create multiple validation rules to ensure that all fields on the lead record are populated with data
D. Use the lead Score on the find duplicates button and assign the leads with a score in the high category
Answer: A

NEW QUESTION: 4
Which two different configurations can you apply to a device to block incoming SSH access? (Choose two.)
A:

B:

C:

D:

E:

A. Option A
B. Option E
C. Option C
D. Option B
E. Option D
Answer: C,D