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NEW QUESTION: 1
Petersen Co. has a capital budget of $1,200,000. The company wants to maintain a target capital structure, which is 60 percent debt and 40 percent equity. The company forecasts that its net income this year will be $600,000. If the company follows a residual dividend policy, what will be its payout ratio?
A. 80%
B. 0%
C. 20%
D. 40%
E. 60%
Answer: C
Explanation:
Explanation/Reference:
Explanation:
The amount of new investment, which must be financed with equity, is: $1,200,000 x 40% = $480,000.
Since the firm has $600,000 of net income only $120,000 will be left for dividends. This means the payout ratio is $120,000/$600,000 = 20%.

NEW QUESTION: 2
You've decided to authenticate the source who initiated a particular transfer while ensuring integrity of the data being transferred. You can do this by:
A. having the sender encrypt the hash with his public key.
B. having the sender encrypt the message with his symmetric key.
C. having the sender encrypt the message with his private key.
D. having the sender encrypt the hash with his private key.
Answer: D
Explanation:
Explanation/Reference:
A hash will ensure the integrity of the data being transferred. A private key will authenticate the source (sender). Only the sender has a copy of the private key. If the recipient is able to decrypt the hash with the public key, then the recipient will know that the hash was encrypted with the private key of the sender.
A cryptographic hash function is a hash function which is considered practically impossible to invert, that is, to recreate the input data from its hash value alone. The input data is often called the message, and the hash value is often called the message digest or simply the digest.
The ideal cryptographic hash function has four main properties:

it is easy to compute the hash value for any given message

it is infeasible to generate a message from its hash

it is infeasible to modify a message without changing the hash

it is infeasible to find two different messages with the same hash.

Incorrect Answers:
A: Having the sender encrypt the message with his private key would authenticate the sender. However, is would not ensure the integrity of the message. A hash is required to ensure the integrity of the message.
C: Having the sender encrypt the message with his symmetric key will not authenticate the sender or ensure the integrity of the message. A hash is required to ensure the integrity of the message and the hash should be encrypted with the sender's private key.
D: Having the sender encrypt the hash with his public key will not authenticate the sender. Anyone could have a copy of the sender's public key. The hash should be encrypted with the sender's private key as the sender is the only person in possession of the private key.
References:
https://en.wikipedia.org/wiki/Cryptographic_hash_function

NEW QUESTION: 3
The ability to recognize needs and take action to influence the outcome of a conflict is called:
A. Justice
B. Moral agency
C. None of the above
D. Agency
Answer: B
Explanation:
Explanation: The ability to recognize needs and take action to influence the outcome of a conflict is called moral agency. In ACCN synergy model of Nurse Competency, Moral agency is the ability to recognize needs and take action to influence the outcome of a conflict .The other two are advocacy and agency.