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NEW QUESTION: 1
What is the formula to determine earned value (EV) for a program?
A. Percent complete times the program budget at completion
B. Percent completes time the program cost estimate
C. Percent complete times percent remaining in the program
D. Percent complete times the program cost of labor and materials
Answer: A

NEW QUESTION: 2
A telecommunications analyst is attempting to value shares of Ludicrous Telecom, a multinational fiberoptics and networking company. Assume the following information for Ludicrous shares:
Required rate of return: 14.50% per year
Free cash flow to equity multiple at t4: 30
1,000,000 shares outstanding
Additionally, the analyst has obtained the following estimates of free cash flow to equity for Ludicros Telecom over the next four years:
Year 1: $4,000,000
Year 2: $4,500,000
Year 3: $3,500,000
Year 4: $4,800,000
Using this information, what is the value per share of Ludicrous Telecom according to the free cash flow to equity model?
A. $99.34
B. $24.64
C. $83.44
D. None of these answers is correct.
E. The answer cannot be calculated from the information provided.
F. $54.60
Answer: D
Explanation:
Explanation/Reference:
Explanation:
When determining the value of a common stock using the free cash flow to equity model, it is necessary to determine three things:
1. The required rate of return on equity investments.
2. The estimated free cash flow to equity multiple at time "k."
3. The estimated free cash flows figures for the time periods leading up to "k." In this example, the calculation must begin with the discounting the free cash flow to equity figures for each of the four years provided. These figures are discounted each period by the required return on equity investments, and the final answer is converted to a per-share basis. This process is illustrated below:
Year 1: ($4,000,000 / 1.145) / 1,000,000 shares outstanding = $3.49
Year 2: [$4,500,000 / (1.145)(1.145)] / 1,000,000 shares outstanding = $3.43 Year 3: [$3,500,000 / (1.145)(1.145)(1.145)] / 1,000,000 shares outstanding = $2.33 Year 4: [$4,800,000 / (1.145)(1.145)(1.145)(1.145)] / 1,000,000 shares outstanding = $2.79 Now that the free cash-flow-to-equity figures have been discounted and converted to a per-share basis, the next step in the valuation process is to determine the value of the final cash flow, which is defined as:
[(Free cash flow to equity multiple * Final free cash flow) / (1 + r)(1+r)...(1 + k)] In the body of this question, we were given the anticipated multiple of free cash to equity that shares of Intelligent Semiconductor will sell for at time period: specifically, 30 times. Imputing this information into the terminal cash flow equation will yield the following:
{[30 * ($4,800,000 / 1,000,000 shares outstanding)] / [(1.145) (1.145)(1.145)(1.145)]} = $83.78. Adding the answers from step 1 to the final year cash flow will yield the following:
Value of Intelligent Semiconductor = [$3.49 + $3.43 + $2.33 + $2.79 + $83.78] = $95.82 per share. This is illustrated by none of the answers provided.

NEW QUESTION: 3
In order for a underwriter to review a mortgage loan application, the applicant must first complete a loan application, then obtain employment verification, credit reports and property appraisal (which can occur in any order). The review by underwriter activity must run exactly once.

Which gateways should the BPM application developer choose in this scenario?
A. Inclusive split and inclusive join
B. Exclusive split and inclusive join
C. Parallel split and parallel join
D. Parallel split and exclusive join
Answer: D

NEW QUESTION: 4
View the Exhibit and examine the output.
Which statement describes the conclusion?

A. The users should use bind variables instead of literals in the query.
B. The shared pool size should be increased to accommodate the SQL statements.
C. The dictionary cache is consuming more space than the library cache.
D. Preparing indexes on the tables used in the SQL statements would improve the library cache performance.
Answer: A