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NEW QUESTION: 1
You are entering a customer sales order that has two lines: one line for item A and one line for item B.
The following statements are necessary to calculate sales tax for the sales order:
- The sales tax group linked to the customer includes sales tax codes ST1,ST2, ST3, and ST4. - The item sales tax group linked to item A includes sales tax codes ST1, ST2, and ST5. - The item sales tax group linked to item B includes sales tax codes ST1, ST3, and ST5.
You need to calculate sales taxes for each of the sales order lines.
Which two statements describe how sales taxes are calculated for the sales order? Each correct answer presents part of the solution.
A. The line with item B is calculated based on sales tax codes ST1, ST3, and ST5.
B. The line with item B is calculated based on sales tax codes ST1 and ST3.
C. The line with item A is calculated based on sales tax codes ST1, ST2, and ST5.
D. The line with item A is calculated based on sales tax codes ST1 and ST2.
Answer: A,C
NEW QUESTION: 2
When Modigliani and Miller relaxed their assumption of zero taxes, they concluded which of the following?
A. A firm's value is maximized only when it uses 100% debt.
B. A firm's value is maximized only when it uses no debt.
C. Business risk will become the main determinant of a firm's value.
D. A firm's capital structure is irrelevant.
E. Firm's will wish to issue preferred stock.
F. Dividend policy will dominate the investment decision.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
When M&M relaxed their "no-taxes" assumption, they concluded that a firm's value was maximized only when its capital structure is composed of 100% debt. This is due to the tax-deductibility of debt. Due to these tax-shelter benefits, companies who are financed by 100% debt pass the maximum amount of their operating income to investors, and this should increase the attractiveness of the firm as an investment.
M&M would be criticized on this finding, particularly because the risk of bankruptcy was completely ignored. This criticism would give birth to the "Trade-off Theory of Leverage," which states that companies will balance the tax-shelter benefits of debt with the increased interest rates and risk of bankruptcy that are associated with increased debt levels..
NEW QUESTION: 3
急速に変化する環境でプロジェクト要件を管理するのに役立つ最適な開発方法論は次のうちどれですか。
A. ウォーターフォール開発プロセス
B. プロトタイピング
C. 反復的な開発プロセス
D. オブジェクト指向システム開発
Answer: C
NEW QUESTION: 4
You use Microsoft System Center Virtual Machine Manager (SCVMM) to manage your company's virtual infrastructure.
You need to install a host server that can run the full version of the .NET framework.
Solution: Install the host server using the Desktop Experience installation option.
Does the solution meet the goal?
A. No
B. Yes
Answer: B
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