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NEW QUESTION: 1
A market strategist for Churn Brothers Brokerage is trying to determine an EPS figure for a stock market series. In her analysis, this portfolio manager has determined the following:
1. Regressing sales for the series against Nominal GDP, the sales figure for the index has been estimated at: $26.44.
2. Analyzing capacity utilization rates, foreign competition, rates of inflation and unit labor costs, the operating profit margin for the series has been determined to be 28%.
3. Creating a time series based upon inputs such as levels of capital expenditures and PP&E turnover, next year's depreciation-per-share has been determined to be: $1.89.
4. Creating a time series based upon levels of debt outstanding and prevailing debt yields, the interest expense for next year is determined to be: $0.94 per share.
5. Coordinating his research with a legislative consultant, the corporate tax rate for this series has been estimated at: 36% Using this information, what is the EPS figure for this stock market series?
A. $3.87
B. $4.82
C. The answer cannot be determined from the information provided.
D. None of these answers is correct.
E. $2.93
F. $3.18
Answer: E
Explanation:
Explanation/Reference:
Explanation:
All of the necessary information has been provided in this example. To determine the EPS for a stock market series, the following steps are necessary:
Step 1: Estimate sales-per-share for the series:
Step 2: Estimate operating profit margin for the series
Step 3: Estimate the depreciation-per-share for next year
Step 4: Estimate the interest expense-per-share for the next year
Step 5: Estimate next year's corporate tax rate
Once these five steps have been completed, the calculation of EPS for a stock market series is found by the following:
EPS = [(Sales per share * Operating profit margin) - Depreciation-per-share - Interest Expense] * (1 - Corporate Tax Rate) The calculation of EPS for this stock market series is shown as follows:
EPS = [($26.44 * 0.28) - $1.89 - $0.94] * (1 - 0.36) = $2.93

NEW QUESTION: 2
To Configure SAP system and SAP NetWeaver Gateway host as trusted RFC connection, see the below
images and answer:
There are 2 correct answers to this question.
Response:

A. Image 2 represents Configuring SAP NetWeaver Gateway host as trusted system.
B. Image 1 represents Configuring back end system as trusting system.
C. Image 2 represents Configuring back end system as trusting system.
D. Image 1 represents Configuring SAP NetWeaver Gateway host as trusted system.
Answer: C,D



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