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- Name: SAP Certified Associate - Implementation Consultant - SAP SuccessFactors Succession Management
- Exam Code: C_THR85_2405
- Certification: C_THR85_2405
- Vendor: SAP
- Total Question: 630
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NEW QUESTION: 1
Drag and drop the descriptions of performing an initial device configuration from the left onto the correct features or compnents on the right.
Answer:
Explanation:
Explanation
NEW QUESTION: 2
Certpaper.com has purchased a < memory DIMM to upgrade a Color LaserJet 4600 printer. The printer gives a 53.10.xx error after the memory is upgraded to the printer. What needs to be done to resolve the issue?
A. the printer memory slot is faulty, the formatter needs replacement
B. upgrade is not possible
C. the memory has been installed in the wrong slot, memory will need to reinstalled properly
D. the memory doesn't meet HP standard, different memory will need to be purchased
Answer: D
NEW QUESTION: 3
Buchanan Brothers anticipates that its net income at the end of the year will be $3.6 million (before any recapitalization). The company currently has 900,000 shares of common stock outstanding and has no debt. The company's stock trades at $40 a share. The company is considering a recapitalization where it will issue $10 million worth of debt at a yield to maturity of 10 percent, and use the proceeds to repurchase common stock. Assume the stock price remains unchanged by the transaction, and the company's tax rate is 34 percent. What will be the company's earnings per share if it proceeds with the recapitalization?
A. $2.45
B. $4.52
C. $2.23
D. $5.54
E. $3.26
Answer: B
Explanation:
Explanation/Reference:
Explanation:
After issuing the debt, the company can repurchase $10,000,000/$40 = 250,000 shares leaving 650,000 shares outstanding. We still need to find the expected NI after issuing the debt. We're given the anticipated NI is $3.6 million. Thus, the EBIT (before the debt issue) can be found as follows: $3,600,000 = EBIT(1 -
0.34) or EBIT = $5,454,545.45. The company will pay $1,000,000 in interest after issuing the debt so the new EBT will be $5,454,545.45 - $1,000,000 = $4,454,545.45. Also, the new NI figure will be:
$4,454,545.45(1 - 0.34) = $2,940,000. Finally, $2,940,000/650,000 = $4.52 is the EPS after the recapitalization.
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