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NEW QUESTION: 1
In an investigation of Clay Industries, Marcus Litton, a financial analyst, has determined the following information:
Sales: $300,000,000
Fixed costs: $100,000,000
Variable costs: $115,200,000
Interest expense: $1,800,000
Tax rate: 35%
Weighted Average Cost of Capital: 10.15%
Beta coefficient: 0.80
Common shares outstanding: 10,000,000
Mr. Litton has asked for your assistance in determining the earnings per share (EPS) of Clay Industries.
Using this information, which of the following answers correctly illustrates this EPS calculation?
A. $2.91
B. The EPS figure cannot be completely determined from the information provided.
C. $6.80
D. $6.17
E. $5.40
F. $4.90
Answer: E
Explanation:
Explanation/Reference:
Explanation:
The EPS figure is perhaps the single most popular term in the field of conventional equity investments. Any glance into financial media and business periodicals will undoubtedly uncover numerous instances in which the EPS figure is cited. While quite popular and useful, many individuals do not understand the mechanics behind the EPS calculation, and an investigation into the components of EPS is a valuable learning experience. The EPS calculation is found by the following equation: {EPS = [(Sales - Fixed Costs - Variable Costs - Interest Expense)(1 - Tax Rate)] / [# of Common Shares Outstanding]} Additionally, the EPS figure can be found by: {EPS = [(EBIT - Interest Expense)(1 - Tax Rate) / # of Common Shares Outstanding]} Incorporating the given information into the first EPS equation will yield the following: {EPS
{[($300,000,000 - $100,000,000 - $115,200,000 - $1,800,000)(1 - 0.35)] / 10,000,000]} = $5.40.

NEW QUESTION: 2

A. Jump Height / Contact Time
B. (Box Height Jump Height) x Contact Time
C. Jump Height X Contact Time
D. (Box Height Jump Height) / Contact Time
Answer: A

NEW QUESTION: 3
Your network contains an Active Directory domain named contoso.com. The domain contains servers that run Windows Server 2016. The servers are configured as shown in the following table.

You have a research department. The computers in the research department are not domain-joined.
You need to ensure that the research department computers can use automatic certificate enrollment to receive and renew certificates from the CA.
Which two role services should you install and configure on CAP? Each correct answer presents part of the solution.
NOTE: Each correct selection is worth one point.
A. Online Responder
B. Network Device Enrollment Service
C. Certificate Authority Web Enrollment
D. Certificate Enrollment Policy Web Service
E. Certificate Enrollment Web Service
Answer: C,D


CT-TAE FAQ

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CT-TAE Exam Info

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