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NEW QUESTION: 1
Which of the following conditions are necessary for successful change management?
1. Decisions and necessary actions are taken promptly.
2. The traditions of the organization are respected.
3. Changes result in improvement or reform.
4. Internal and external communications are controlled.
A. 1 and 2
B. 2 and 4
C. 2 and 3
D. 1 and 3
Answer: D

NEW QUESTION: 2
Arnaud Aims is assisting with the analysis of several firms in the retail department store industry. Because one of the industry members, Flavia Stores, has negative earnings for the current year, Aims wishes to normalize earnings to establish more meaningful P/E ratios. For the current year (2008) and six previous years, selected financial data are given below. All data are in euros.

Aims wishes to estimate normalized EPS for 2008 using two different methods, the method of historical average EPS and the method of average rate of return on equity. He will leave 2008 EPS and ROI out of his estimates. Based on his normalized EPS estimates, he will compute a trailing P/E for 2008. The stock price for Flavia Stores is €26.50.
Aims is also looking at price-to-book ratios as an alternative to price-to-earnings ratios. Three of the advantages of P/B ratios that Aims recalls are:
Advantage 1: Because book value is a cumulative balance sheet account encompassing several years, book value is more likely to be positive than EPS.
Advantage 2: For many companies, especially service companies, human capital is more important than physical capital as an operating asset.
Advantage 3: Book value represents the historical purchase cost of assets, as well as accumulated accounting depreciation expenses. Inflation and technological changes can drive a wedge between the book value and market value of assets.
Aims used a constant growth DDM to establish a justified P/E ratio based on forecasted fundamentals.
One of his associates asked Aims if he could easily establish a justified price-to-sales (P/B) ratio and price- to-book (P/B) ratio from his justified P/E ratio. Aims replied, "I could do this fairly easily) If I multiply the P/E ratio times the net profit margin, the ratio of net income to sales, the result will be the P/ S ratio. If I multiply the P/E ratio times the return on equity, the ratio of net income to book value of equity, the result will be the P/B ratio." Aims's associate likes to use the price-earnings-to-growth (PEG) ratio because it appears to address the effect of growth on the P/E ratio. For example, if a firm's P/E ratio is 20 and its forecasted 5-year growth rate is 10%, the PEG ratio is 2.0. The associate likes to invest in firms that have an above-industry- average PEG ratio. The associate also says that he likes to invest in firms whose leading P/E is greater than its trailing P/E. Aims tells the associate that he would like to investigate these two investment criteria further.
Finally, Aims makes two comments to his associate about valuation ratios based on EBITDA and on dividends.
Comment 1: EBITDA is a pre-interest-expense figure, so I prefer a ratio of total equity value to EBITDA over a ratio of enterprise value to EBITDA.
Comment 2: Dividend yields are useful information because they are one component of total return.
However, they can be an incomplete measure of return, as investors trade off future earnings growth to receive higher current dividends.
Is Aims correct in describing how we could transform a justified P/E ratio into a P/S ratio or a P/B ratio?
A. No. He is correct about the P/S ratio but incorrect about the P/B ratio.
B. No. He is correct about the P/B ratio but incorrect about the P/S ratio.
C. Yes.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
Aims is correct about both ratios. For example, let's take the trailing P/E ratio, which is P0/EQ. Multiplying by the net profit margin results in PQ/E0 x E0/S0 = P0/S0. If the justified P/E is (1 - b)(l + g) / (r - g), the justified P/S is (E0/S0) (1 - b)(l + g) / (r - g). Multiplying the trailing P/E ratio by the ROE results in PQ/E0 x E0/B0 = PQ/B0. If the justified P/E is (1 - h)(l + g) / (r - g), the justified P/B is (Eo/B0) (1 - b)(l + g) / (r - g).
(Study Session 12, LOS 42.J)

NEW QUESTION: 3
You have an Azure Logic App named App1. App1 provides a response when an HTTP POST request or an HTTP GET request is received.
During peak periods, App1 is expected to receive up to 200,000 requests in a five minute period. You need to ensure that App1 can handle the expected load. What should you configure?
A. Access control (IAM)
B. API connections
C. Access keys
D. Workflow settings
Answer: C

NEW QUESTION: 4
You have a DNS server named Server1 that runs Windows Server 2016. Server 1 has a forward lookup scope for Contoso.com. The records in the zone are shown in the exhibit. (Click the Exhibit button.) Exhibit:

You run the following commands on Server1.

What are two results of the configuration? Each correct answer presents a complete solution. NOTE: Each correct selection is worth one point.
A. When a client computer that has an IP address of 172.16.1.56 attempts to resolve host1.contoso.com, host1.contoso.com resolves to 172.16.99.99.
B. When a client computer that has an IP address of 172.16.1.56 attempts to resolve host1.contoso.com, the name resolution fails to return an IP address.
C. When a client computer that has an IP address of 172.16.0.10 attempts to resolve host1.contoso.com, host1.contoso.com resolves to 172.16.0.100.
D. When a client computer that has an IP address of 172.16.0.10 attempts to resolve host1.contoso.com, host1.contoso.com resolves to 172.16.99.99.
E. When a client computer that has an IP address of 172.16.1.56 attempts to resolve host1.contoso.com, host1.contoso.com resolves to 172.16.0.100.
F. When a client computer that has an IP address of 172.16.0.10 attempts to resolve host1.contoso.com, the name resolution fails to return an IP address.
Answer: B,F
Explanation:
Explanation
References:
https://docs.microsoft.com/en-us/powershell/module/dnsserver/add-dnsserverqueryresolutionpolicy?view=win10