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NEW QUESTION: 1
Historically, the earnings per share (EPS) figure for a stock market series has been less volatile than the earnings multiplier for the same series. Which of the following best characterizes the primary reason for the greater volatility experienced by the earnings multiplier? Choose the best answer.
A. The earnings multiplier is more sensitive to fluctuations in the equity markets than is the EPS figure; i.e.
the earnings multiplier is "forward looking."
B. The price/earnings figure experiences a tax leveraging effect that is not passed on to the EPS figure.
C. The price/earnings ratio is more sensitive to changes in the spread between the required rate of return and the anticipated future growth rate.
D. The earnings multiplier is more sensitive to changes in dividend policies than is the EPS figure.
E. None of these answers is correct.
F. The EPS figure is less volatile due to accounting manipulations and the malleability of international and domestic accounting standards including GAAP.
The greater relative volatility of the earnings multiplier versus the EPS figure is primarily attributable to an increased sensitivity to changes in the spread between the required rate of return "k" and the anticipated growth rate "g." Remember that the equation used to determine the appropriate earnings multiplier for a stock market series is the following:
P/E = [D/E / (k - g)]
Where: P/E = the earnings multiplier, or Price-to-Earnings ratio, D/E = the dividend payout ratio at t1, k = the required rate of return, and g = the anticipated growth rate of dividends.
As you can see, changes in the spread between the required rate of return and the anticipated growth rate can have a dramatic effect on the earnings multiplier for a stock market series. While the earnings multiplier is sensitive to changes in the dividend payout ratio, volatility in this figure is not cause for the increased volatility of the earnings multiplier versus the EPS figure.
NEW QUESTION: 2
As shown in the figure, if the switch runs STP with default parameters, which of the following ports will be elected as the designated port?
A. HUB's E0/0/1 port
B. HUB's E0/0/2 port
C. Port G0/0/2 of Switch A
D. Port G0/0/1 of Switch A
NEW QUESTION: 3
The service has been deployed to Windows Azure. Trey Research has provided version 18.104.22.168 of the assembly to support a change in the serialization format. The service must remain available during the transition to the new serialization format. You need to ensure that the service is using the new assembly. Which configuration setting should you add to the web.config? (To answer, drag the appropriate configuration elements to the correct location or locations in the answer area. Each configuration element may be used once, more than once, or not at all. You may need to drag the split bar between panes or scroll to view content.)
Select and Place:
NEW QUESTION: 4
A part of the solution strategy is the principles that represent the people-centric and flexible goals of the solution.
This content is not specific to the data, but is correct for the overall SAP MDG solution. In general, the solutions of the solutions can be customized and customized according to the needs of the customers. What's in the following:
A. The data in the governance process is separated but transfers to operational database are done in very controlled mode.
B. None of the above.
C. Clear roles and responsibilities following a task-oriented approach.
D. Process steps can be added, either by reusing existing logic or using a flexible rules-engine.
E. Workflows that are linear and can be distributed or even started ad-hoc.
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