The SEC uses its authority to establish accounting standards, while also enforcing regulations on companies, exchanges, and investors
Indicate whether the statement is true or false
False
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All of the following are features of WPA3 except:
A. it implements a more robust key exchange protocol. B. it enables the creation of a VPN. C. it provides a more secure way to connect IoT devices. D. it features expanded encryption for public networks.
The ability to send e-mails from within PL/SQL code has been simplified with the introduction of the DBMS_ALERT package.
Answer the following statement true (T) or false (F)
Describe work flow analysis. Give at least one example (from the textbook or an external reference) of how work flow analysis is used.
What will be an ideal response?
Walter Industries is a family owned concern. It has been using the residual dividend model, but family members who hold a majority of the stock want more cash dividends, even if that means a slower future growth rate. Neither the net income nor the capital structure will change during the coming year as a result of a dividend policy change to the indicated target payout ratio. By how much would the capital budget have to be cut to enable the firm to achieve the new target dividend payout ratio? Do not round intermediate calculations. % Debt41% % Equity = 1.0 - % Debt59% Capital budget under the residual dividend model$5,000,000 Net income; it will not change this year even if dividends increase$3,500,000 Equity to support the capital budget = % Equity × Capital budget$2,950,000
Dividends paid = NI - Equity needed$550,000 Currently projected dividend payout ratio84.3% Target dividend payout ratio75% ? A. -$3,516,949 B. -$4,044,492 C. -$3,727,966 D. -$4,079,661 E. -$2,919,068