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NEW QUESTION: 1
Which component of the Cisco SD-WAN control plane architecture facilitates the storage of certificates and configurations for network components?
A. WAN Edge
B. vSmart
C. vManage
D. vBond
Answer: C

NEW QUESTION: 2

Case Study Title (Case Study):




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

NEW QUESTION: 3
Stargell Industries follows a strict residual dividend policy. The company has a capital budget of
$3,000,000. It has a target capital structure, which consists of 30 percent debt and 70 percent equity. The company forecasts that its net income will be $3,500,000. What will be the company's expected dividend payout ratio this year?
A. 30%
B. 25%
C. 35%
D. 45%
E. 40%
Answer: E
Explanation:
Explanation/Reference:
Explanation:
Step 1 Find equity required to maintain capital budget:
Capital budget$3,000,000
% of budget financed with equityx 0.70
$2,100,000
Step 2 Calculate dividend:
Earnings$3,500,000
Less equity retained(2,100,000)
Dividend$1,400,000
Step 3 Find payout ratio:
Dividend/Earnings = $1,400,000/$3,500,000 = 0.4000 = 40%.