VMware 2V0-41.24 Q&A - in .pdf

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NEW QUESTION: 1
Which of the following commands is used to display user resource limits?
A. usrlmt
B. ulimit
C. limit -a
D. uname
Answer: B

NEW QUESTION: 2
You are typing a document and you want to insert an image in the document. What will you do so that the text automatically adjusts around the image?
A. Use text wrapping.
B. Use text alignment.
C. Use word wrap.
D. Use SmartArt.
Answer: A
Explanation:
Text wrapping is a feature
in which the text automatically adjusts itself around the pictures, shapes, and tables with any position or style a user wants. Answer option B is incorrect. Word wrap is a feature in which the text automatically goes to the next line when it encounters the margin of the page. Answer option C is incorrect. Text alignment is the arrangement of text along the margin of a document. Answer option D is incorrect. SmartArt is a set of
pre-formatted and
editable diagrams that a user can use in a document to increase its quality. SmartArt includes templates for a list, process, cycle, hierarchy, relationship, matrix, and pyramid. When a SmartArt object is inserted, a Text Pane appears next to it to help the user enter the text in the hierarchical levels.

NEW QUESTION: 3
Erwin DeLavall, the Plant Manager of Patch Grove Cabinets, is trying to decide whether or not to replace the old manual lathe machine with a new computerized lathe. He thinks the new machine will add value, but is not sure how to quantify his opinion. He asks his colleague, Terri Wharten, for advice. Wharten's son just happens to be a Level 2 CFA candidate. DeLavall and Wharten provide the following information to Wharten's son:
Company Assumptions:
New Machine Assumptions:
Which of the following choices is most correct? Patch Grove Cabinets should:
A. replace the old lathe with the new lathe because the new one will add $3,760 to the firm's value.
B. replace the old lathe with the new lathe because the new one will add $10,316 to the firm's value.
C. not replace the old lathe with the new lathe because the new one will decrease the firm's value by
$5,370.
D. not replace the old lathe with the new lathe because the new one will decrease the firm's value by
$3,132.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
The valuation method that shows the project's impact on the value of the firm is net present value (NPV).
To calculate NPV, we need to determine the initial investment outlay, the operating cash flows, and the terminal year cash flows. Then, we discount the cash flows at the WACC. The calculations are as follows:
Step 1: Initial Investment Outlay:
= cost of new machine + proceeds/loss from old machine + change in net working capital (NWC)
= -$90,000 + $30,000 - $6,800 + $5,000 =-$61,800(cash outflow)
Details of calculation:
o Sales price = $30,000inflow
o Tax/tax credit: $6,800outflow
o NWC =current assets -current liabilities = 20,000 - 25,000 = -5,000 (a decrease in working capital is a source of funds) Step 2: Operating Cash Flows (years 1-4):Given as$16,800inflow
Step 3: Terminal Value:
=year 5 cash flow + return/use of NWC + proceeds/loss from disposal of new machine + tax/tax credit
=$16,800 - $5,000 + $15,000 + $1,920 =$28,720inflow
Details of calculation:
o Sales price = $15,000inflow
o Tax/tax credit: $1,920inflow
Step 4:Calculate NPV:
NPV = -$61,800 + ($16,800 / 1.131) + ($16,800 / 1.132) +($16,800 / 1.133) +($16,800 / 1.134) +($28,720 /
1.135) =$3,759.
Since the NPV is positive, Patch Grove should replace the old lathe with the new one, because the new lathe will increase the firm's value by the amount of the NPV, or $3,759.
You may also solve this problem quickly by using the cash flow (CF) key on your calculator.



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