Microsoft MB-920 Q&A - in .pdf

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  • Exam Code: MB-920
  • Exam Name: Microsoft Dynamics 365 Fundamentals (ERP)
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NEW QUESTION: 1
DHCPv6 can obtain configuration parameters from a server through rapid two-way message exchange. Which two steps are involved in this process? (Choose Two)
A. advertise
B. request
C. auth
D. reply
E. solicit
Answer: B,E

NEW QUESTION: 2
Driver Corporation faces an IOS schedule calling for a capital budget of $60 million. Its optimal capital structure is 60 percent equity and 40 percent debt. Its earnings before interest and taxes (EBIT) were $98 million for the year. The firm has $200 million in assets, pays an average of 10 percent on all its debt, and faces a marginal tax rate of 35 percent. If the firm maintains a residual dividend policy and will keep its optimal capital structure intact, what will be the amount of the dividends it pays out after financing its capital budget?
A. $59.4 million
B. $30.0 million
C. $22.5 million
D. $60.0 million
E. $0
Answer: C
Explanation:
Explanation/Reference:
Explanation:
Calculate interest cost:
Total assets = $200M; 40% debt x $200M = $80 million in debt.
Interest cost = $80M x 0.10 = $8.0 million.
Calculate net income (in millions):
EBIT$98.0
less: Interest- 8.0
EBT$90.0
less: Taxes (35%) 31.5
Net income$58.5
Calculate portion of projects financed with retained earnings:
IOS contains $60 million in positive NPV projects.
Retained earnings portion:$60M x 0.60 = $36.0 million
Debt portion:$60M x 0.40 = $24.0 million
Calculate residual available for dividends:
$58.5M - $36.0M = $22.5 million in dividends.

NEW QUESTION: 3
Which of the following most accurately describes the default role of Server Equipment Administrator in UCSM?
A. Read and write access to logical and physical server related operations. Read and write access to the rest of the system.
B. Read and write access to physical server related operations. Read access to the rest of the system.
C. Read and write access to logical and physical server related operations. Read access to the rest of the system.
D. Read and write access to physical server related operations. Read and write access to the rest of the system.
Answer: B

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