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NEW QUESTION: 1
Examine the structure of the PROMOS table:

You want to display the list of promo names with the message 'Same Day' for promos that started and ended on the same day.
Which query gives the correct output?
A. SELECT promo_name, NVL(TRUNC(promo_end_date - promo_start_date), 'Same Day') FROM promos;
B. SELECT promo_name, DECODE((NULLIF(promo_start_date, promo_end_date)), NULL, 'Same day') FROM promos;
C. SELECT promo_name, NVL2(TO_CHAR(TRUNC(promo_end_date-promo_start_date)), NULL, 'Same Day')
FROM promos;
D. SELECT promo_name, NVL(NULLIF(promo_start_date, promo_end_date), 'Same Day') FROM promos;
Answer: B
Explanation:
Explanation/Reference:
Explanation:
The NULLIF Function
The NULLIF function tests two terms for equality. If they are equal the function returns a null, else it returns the first of the two terms tested.
The NULLIF function takes two mandatory parameters of any data type. The syntax is NULLIF(ifunequal, comparison_term), where the parameters ifunequal and comparison_term are compared. If they are identical, then NULL is returned. If they differ, the ifunequal parameter is returned ANSWER A - date and String incompatibl;a datatypes for NVL function
The Date TRUNC Function
The date TRUNC function performs a truncation operation on a date value based on a specified date precision format.
The date TRUNC function takes one mandatory and one optional parameter.
Its syntax is TRUNC(source date, [date precision format]). The source date parameter represents any value that can be implicitly converted into a date item. The date precision format parameter specifies the degree of truncation and is optional. If it is absent, the default degree of truncation is day. This means that any time component

NEW QUESTION: 2
Which Process Group includes the Manage Stakeholder Engagement process?
A. Monitoring and Controlling
B. Planning
C. Executing
D. Initiating
Answer: C
Explanation:
Explanation
Reason: Control Stateholder Engagement is in the Monitoring and Control Process.

NEW QUESTION: 3
Which of the following would most likely include recommendations for process improvements?
Due diligence engagement.
Forensic investigation.
Internal audit engagement.
Consulting engagement.
A. 1, 3, and 4 only
B. 2, 3, and 4 only
C. 1, 2, and 4 only
D. 1, 2, and 3 only
Answer: B

NEW QUESTION: 4
Flood Motors is an all-equity firm with 200,000 shares outstanding. The company's EBIT is $2,000,000 and is expected to remain constant over time. The company pays out all of its earnings each year, so its earnings per share equals its dividends per share. The company's tax rate is 40 percent. The company is considering issuing $2 million worth of bonds (at par) and using the proceeds for a stock repurchase. If issued, the bonds would have an estimated yield to maturity of 10 percent. The risk-free rate in the economy is 6.6 percent, and the market risk premium is 6 percent. The company's beta is currently 0.9, but its investment banker's estimate that the company's beta would rise to 1.1 if they proceed with the recapitalization. Assume that the shares are repurchased at a price equal to the stock market price prior to the recapitalization. What would be the company's stock price following the recapitalization?
A. $53.85
B. $51.14
C. $68.97
D. $76.03
E. $56.02
Answer: B
Explanation:
Explanation/Reference:
Explanation:
First, find the company's current cost of capital, dividends per share, and stock price: k = 0.066 + (0.06)0.9
= 12%. To find the stock price, you still need the dividends per share or DPS = ($2,000,000 (1 -
0.4))/200,000 = $6.00. Thus, the stock price is Po = $6.00/0.12 = $50.00. Thus, by issuing $2,000,000 in new debt the company can repurchase $2,000,000/$50.00 = 40,000 shares.
Now after recapitalization, the new cost of capital, DPS, and stock price can be found: k = 0.066 + (0.06)
1.1 = 13.20%. DPS for the remaining (200,000 - 40,000) = 160,000 shares are thus [($2,000,000 - ($2,000,000 x 0.10))(1 - 0.4)]/160,000 = $6.75. And, finally, Po = $6.75/0.132 = $51.14.