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  • Exam Code: AD0-E327
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NEW QUESTION: 1
In order to solve the tunnel aggregation problem of WLAN roaming, the following principles for the processing of downlink broadcast and multicast packets are correct?
A. FAP discards unknown unicast packets and forwards other packets to roaming STAs.
B. The transparent broadcast/multicast packet reaches the FAC, and the FAC converts the unicast packet according to the source of the tunnel.
C. Discard the multicast or broadcast packets of ARP, ND, DHCP, and mDNS at the HAC to avoid loops.
D. At the HAC, discard unknown unicast packets at the entrance to the roaming tunnel
Answer: B,D

NEW QUESTION: 2
A junior financial analyst with Churn Brothers brokerage has been instructed to value shares of Intelligent Semiconductor, a diversified technology company. A senior analyst at Churn Brothers has provided the following information:
The required rate of return on equity is 15% per year
The senior analyst has predicted that shares of Intelligent will sell at a multiple of 25 times predicted free cash flow to equity in four years.
The estimated free cash flows for each of the next four years are:
Year 1: $15,000,000
Year 2: $18,500,000
Year 3: $21,000,000
Year 4: $35,000,000
Intelligent Semiconductor has 1,000,000 shares of common stock outstanding.
Using this information, what is the value per share of Intelligent Semiconductor according to the free cash flow to equity model?
A. The answer cannot be calculated from the information provided.
B. $65.81
C. $650.34
D. None of these answers is correct.
E. $561.13
F. $56.67
Answer: E
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: ($15,000,000 / 1.15) / 1,000,000 shares outstanding = $13.04
Year 2: [$18,500,000 / (1.15)(1.15)] / 1,000,000 shares outstanding = $13.99 Year 3: [$21,000,000 / (1.15)(1.15)(1.15)] / 1,000,000 shares outstanding = $13.81 Year 4: [$35,000,000 / (1.15)(1.15)(1.15)(1.15)] / 1,000,000 shares outstanding = $20.01 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 4: 25 times. Imputing this information into the terminal cash flow equation will yield the following:
{[25 * ($35,000,000 / 1,000,000 shares outstanding)] / [(1.15) (1.15)(1.15)(1.15)]} = $500.28.
Adding the answers from step 1 to the final year cash flow will yield the following:
Value of Intelligent Semiconductor = [$13.04 + $13.99 + $13.81 + $20.01 + $500.28] = $561.13 per share.

NEW QUESTION: 3
Your company is using basic budgeting and is planning to configure budget control.
You need to identify the additional configuration that is needed.
Which three components will already be configured as part of the basic budgeting setup? Each correct answer presents part of the solution.
A. documents and journals
B. budget cycles
C. budget models
D. budget exchange rates
E. over budget permissions
Answer: B,C,D
Explanation:
Explanation/Reference:
References:
https://technet.microsoft.com/en-us/library/hh242128.aspx

NEW QUESTION: 4

A. Option A
B. Option D
C. Option B
D. Option C
Answer: A
Explanation:
Ref:https://msdn.microsoft.com/engb/library/gg334576.aspx#BKMK_UnmanagedandManagedSolutions

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