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NEW QUESTION: 1
The following data are available for a firm for a given year:
Net Sales 21,896
Sales & marketing expenses 4,346
Administrative expenses 2,143
COGS 10,084
Depreciation 967
Interest expense 573
Tax rate 35%
Dividends paid 3,445
Preferred Dividends 897
Average total equity 37,432
Average common equity 26,782
Average total liabilities 18,583
In the above example, the firm's return on total capital equals ________.
A. 5.4%
B. 11.3%
C. 6.2%
D. 3.9%
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Return on total capital = (Net income + interest expense)/average total capital. The average total capital includes debt, common equity and preferred stock. Note that since Total assets = Total liabilities + Total Equity, the denominator is also equal to total assets. In the above example, Net Income = Earnings after depreciation, interest expense and taxes = (21,896 - 4,346 - 2,143 - 10,084 - 967 - 573)*(1 - 0.35) = 2,459.
Therefore, Return on total capital = (2,459 + 573)/(37,432 + 18,583) = 5.41%.
NEW QUESTION: 2
A customer has these requirements for storage:
* Protocol used must have a file-based access.
* Protocol used must have built in native multipathing.
* Protocol used must support authentication.
To meet these requirements, which protocol should be used for storage?
A. iSCSI
B. NFS v4.1
C. NFS v3
D. FCoE
Answer: B
Explanation:
Because NFS 4.1 are support authentication and is a file-based storage
NEW QUESTION: 3
Which privilege levels are found in clustered ONTAP? (choose all that apply)
A. diagnostic
B. backup
C. admin
D. single_user
E. advanced
F. manage
Answer: A,C,E