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NEW QUESTION: 1
A queue-sharing group on z/OS consists of three queue managers: QM1, QM2, and QM3. After an unexpected failure, QM2 cannot be restarted. A system administrator needs to find out if there are any indoubt threads that need to be recovered manually.
What command should the system administrator run on QM1 to see the indoubtthreads.
A. DISPLAY CONN(*) WHERE (UOWSTATE EQ UNRESOLVED)
B. DISPLAY THREAD (*) TYPE (INDOUBT) ALL
C. DISPLAY THREAD (*) TYPE (INDOUBT) QMNAME(QM2)
D. DISPLAY INDOUBT(*)
Answer: B
NEW QUESTION: 2
You have a project to install 45,900 emergency exit signs throughout a university campus. You have a crew of 45 project team members to install the signs and they are making good progress on the installation but it looks like they'll miss the promised end date. Your project requires all of the signs to be installed one week before classes are scheduled to begin. You elect to crash the project in an effort to shorten the installation duration activity. What does it mean to crash the project?
A. Increase the working hours.
B. Add more workers.
C. Level the project schedule.
D. Reduce the project scope.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
Crashing adds more workers to the project team. Crashing allows the project to complete faster because there are more people helping with the project work.
Incorrect Answers:
A: Crashing does not consider the working hours.
B: Resource leveling actually increases the project duration.
D: Reducing the project scope is called descoping or project scope changes.
NEW QUESTION: 3
Sentinel News is a publisher of over 100 newspapers around the country, with the exception of the Midwestern states. The company's CFO, Harry Miller, has been reviewing a number of potential candidates (both public and private companies) that would provide Sentinel News entrance into the Midwestern market. Recently, the founder of Midwest News, a private newspaper company, passed away.
The founder's family members are inclined to sell their 80% controlling interest. The family members are concerned that Midwest News's declining newspaper circulation is not cyclical, but rather permanent. The family members would reinvest the cash proceeds from the sale of Midwest News into a diversified portfolio of stocks and bonds. Miller's staff collects the financial information shown in Exhibit 1.
Miller noted that Midwest News does not pay a dividend, nor does the company have any debt. The most comparable publicly traded stock is Freedom Corporation. Freedom, however, has significant radio and television operations. Freedom's estimated beta is 0.90, and 40% of the company's capital structure is debt. Freedom is expected to maintain a payout ratio of 40%. Analysts are forecasting the company will earn S3.00 per share next year and grow their earnings by 6% per year. Freedom has a current market capitalization of S15 billion and 375 million shares outstanding. Freedom's current market value equals its intrinsic value.
Miller's staff uses current expectations to develop the appropriate equity risk premium for Midwest News.
The staff uses the Gordon growth model (GGM) to estimate Midwest's equity risk premium. The equity risk premium calculated by the staff is provided in Exhibit 2.
Miller believes the best method to estimate the required return on equity Midwest News is the build-up method. All relevant information to determine Midwest News's required relurn on equity is presented in Exhibit 2.
The specific-company premium reflects concerns about future industry performance and business risk in Midwest News. Miller makes two statements concerning the valuation methodology used to value Midwest News's equity.
Statement I: The required return estimate that is calculated from Exhibit 2 reflects all adjustments needed to make an accurate valuation of Midwest News.
Statement 2: It is better to use the free cash flow model to value Midwest News than a dividend discount model.
Miller considered two different valuation models to determine the price of Midwest News's equity: a single- stage free cash flow model and a single-stage residual income model.
Using Freedom Corporation as a comparable, the estimated beta for Midwest News is most likely:
A. less than 0.90.
B. greater than 0.90.
C. equal to 0.90.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
The calculation is not required if you understand the steps involved. Since Midwest News has no debt and Freedom's beta must be unlevered, the beta to be used must be less than 0.90 (Freedom's beta). (Study Session 10, LOS 35.e)