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NEW QUESTION: 1
Kevin Rathbun, CFA, is a financial analyst at a major brokerage firm. His supervisor, Elizabeth Mao, CFA, asks him to analyze the financial position of Wayland, Inc. (Wayland), a manufacturer of components for high quality optic transmission systems. Mao also inquires about the impact of any unconsolidated investments.
On December 31,2007, Wayland purchased a 35% ownership interest in a strategic new firm called Optimax for $300,000 cash. The pre-acquisition balance sheets of both firms are found in Exhibit 1.

On the acquisition date, all of Optimax's assets and liabilities were stated on its balance sheet at their fair values except for its property, plant, and equipment (PP&E), which had a fair value of $1.2 million. The remaining useful life of the PP&E is ten years with no salvage value. Both firms use the straight-line depreciation method.
For the year ended 2008, Optimax reported net income of $250,000 and paid dividends of $100,000.
During the first quarter of 2009, Optimax sold goods to Wayland and recognized $15,000 of profit from the sale. At the end of the quarter, half of the goods purchased from Optimax remained in Wayland's inventory.
Wayland currently uses the equity method to account for its investment in Optimax. However, given the potential significance of the investment in the future, Rathbun believes that a proportionate consolidation of Optimax may give a clearer picture of the financial and operating characteristics of Wayland.
Rathbun also notes that Wayland owns shares in Vanry, Inc. (Vanry). Rathbun gathers the data in Exhibit 2 from Wayland's financial statements. The year-end portfolio value is the market value of all Vanry shares held on December 31. All security transactions occurred on July 1, and the transaction price is the price that Wayland actually paid for the shares acquired. Vanry pays a cash dividend of $1 per share at the end of each year. Wayland expects to sell its investment in Vanry in the near term and accounts for it as held- for-trading.
Wayland owns some publicly traded bonds of the Rotor Corporation that it reports as held-to-maturity securities.
Which of the following best describes WaylancTs treatment of the intercompany sales transaction for the quarter ended March 31, 2009? Wayland should reduce its equity income by:
A. $15,000.
B. $7,500.
C. $2,625.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
Since al! of the profit from the intercompany transaction is included in Optimax's net income, Wayland must reduce its equity income of Optimax by the pro-rata share of the unconfirmed profit- Since half of the goods remain, half of the profit is unconfirmed. Thus, Wayland must reduce its equity income $2,625 (($15,000 total profit x 50% unconfirmed) x 35% ownership interest]. (Study Session 5, LOS 21.b)

NEW QUESTION: 2
Suppose the Security Gateway hard drive fails and you are forced to rebuild it. You have a snapshot file stored to a TFTP server and backups of your Security Management Server. What is the correct procedure for rebuilding the Gateway quickly?
A. Reinstall the base operating system (i.e., SecurePlatform). Configure the Gateway interface so that the Gateway can communicate with the TFTP server. Revert to the stored snapshot image, and install the Security Policy.
B. Run the revert command to restore the snapshot, establish SIC, and install the Policy.
C. Run the revert command to restore the snapshot. Reinstall any necessary Check Point products. Establish SIC and install the Policy.
D. Reinstall the base operating system (i.e., SecurePlatform). Configure the Gateway interface so that the Gateway can communicate with the TFTP server. Reinstall any necessary Check Point products and previously applied hotfixes. Revert to the stored snapshot image, and install the Policy.
Answer: A

NEW QUESTION: 3
Azure Backupによって保護されているAzure Linux仮想マシンがあります。
1週間前、2つのファイルが仮想マシンから削除されました。
削除されたファイルをできるだけ早くオンプレミスコンピューターに復元する必要があります。
どの4つのアクションを順番に実行する必要がありますか?回答するには、適切なアクションをアクションのリストから回答エリアに移動し、正しい順序に並べます。

Answer:
Explanation:

Explanation:
To restore files or folders from the recovery point, go to the virtual machine and choose the desired recovery point.
Step 0. In the virtual machine's menu, click Backup to open the Backup dashboard.
Step 1. In the Backup dashboard menu, click File Recovery.
Step 2. From the Select recovery point drop-down menu, select the recovery point that holds the files you want. By default, the latest recovery point is already selected.
Step 3: To download the software used to copy files from the recovery point, click Download Executable (for Windows Azure VM) or Download Script (for Linux Azure VM, a python script is generated).
Step 4: Copy the files by using AzCopy
AzCopy is a command-line utility designed for copying data to/from Microsoft Azure Blob, File, and Table storage, using simple commands designed for optimal performance. You can copy data between a file system and a storage account, or between storage accounts.
References:
https://docs.microsoft.com/en-us/azure/backup/backup-azure-restore-files-from-vm
https://docs.microsoft.com/en-us/azure/storage/common/storage-use-azcopy


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