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PRMIA 8011 exam
  • Exam Code: 8011
  • Exam Name: Credit and Counterparty Manager (CCRM) Certificate Exam
  • Version: V12.35
  • Q & A: 70 Questions and Answers
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NEW QUESTION: 1
Where is the MAC masquerade address configured?
A. Virtual Address
B. Traffic Groups
C. Device Groups
D. Virtual Server
Answer: B

NEW QUESTION: 2
A mobile satellite communications provider wants to use an enterprise portal(s) to increase the efficiency of its globally dispersed staff. What is the best approach to achieve a collaborative information workplace?
A. Integrate data and applications to produce graphical analytic dashboards and allow the use of an existing content management platform.
B. Integrate data, content, information, knowledge, and applications across the organization into one portal.
C. Integrate content, information, and knowledge into one portal and keep data and applications in a separate secure portal.
D. Integrate Web content and documents across the organization into one portal and keep records, data, and applications separate.
Answer: B

NEW QUESTION: 3
TCH Corporation is considering two alternative capital structures with the following characteristics.
AB
Debt/Assets ratio0.30.7
kd10%14%
The firm will have total assets of $500,000, a tax rate of 40 percent, and book value per share of $10, regardless of capital structure. EBIT is expected to be $200,000 for the coming year. What is the difference in earnings per share (EPS) between the two alternatives?
A. $1.19
B. $4.78
C. $7.62
D. $2.87
E. $3.03
Answer: D
Explanation:
Explanation/Reference:
Explanation:
Capital structure A: The firm will have debt of $500,000(0.3) = $150,000 and equity of $350,000. We're told the shares have a book value of $10 so the number of shares outstanding is $350,000/$10 = 35,000.
Interest expense will be $150,000(10%) = $15,000. We can compute EBT as EBIT - I or $200,000 -
$15,000 = $185,000. Also, we can compute NI as EBT(1 - T) or $185,000(1 - 0.4) = $111,000. Finally, EPS
= $111,000/35,000 = $3.17. Capital structure B: The firm will have debt of $500,000(0.7) = $350,000 and equity of $150,000. The number of shares outstanding is $150,000/$10 = 15,000. Interest expense will be
$350,000(14%) = $49,000. We can compute EBT as $200,000 - $49,000 = $151,000. Also, we can compute NI as $151,000 (1 - 0.4) = $90,600. Finally, EPS = $90,600/15,000 = $6.04. The difference in EPS between capital structure A and capital structure B is $6.04 - $3.17 = $2.87.

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