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NEW QUESTION: 1
Universal Containers (UC) has requirement to expose a web service to their business partners. The web service will be used to allow each business partner to query UC's Salesforce instance to retrieve the status of orders.
The business partner should only be allowed access to orders for which the business partner is the fulfillment vendor. The Architect does not want the business partners to utilize the standard APIs and would prefer a custom API be developed. Which three design elements should the Architect consider in order to ensure the data security of the solution?
Choose 3 answers.
A. Develop a custom apex web service with a fulfillment ID input attribute.
B. Provide each partner with their own Salesforce login set to PRI Enabled on the profile.
C. Query the Orders object with Dynamic SOQL based upon the fulfillment ID.
D. Develop a custom Apex web service using the "With sharing" keyword.
E. Set the Orders object's sharing settings of Private in the Org-Wide Defaults.
Answer: A,D,E
NEW QUESTION: 2
Ivan Johnson is reviewing the investment merits of BioTLab, a fast-growing biotechnology company.
BioTLab has developed several drugs, which arc being licensed to major drug companies. BioTLab also has several drugs in phase III trials (phase III trials are the last testing stage before FDA approval).
Johnson notes that two drugs recently received approval which should provide BioTLab solid revenue growth and generate predictable cash flow well into the future. Based on the potential for the two drugs, BioTLab's estimated annual cash flow growth rate for the next two years is 25%, and long-term growth is expected to be 12%. Because of BioTLab's attractive investment opportunities, the company does not pay a dividend. BioTLab's current weighted average cost of capital is 15% and its stock is currently trading at
$50 per share. Financial information for BioTLab for the most recent 12 months is provided below:
* Net working capita! excluding cash increased from $7,460,000 to $9,985,000;
* Book value increased from $81,250,000 to $101,250,000.
* BioTLab currently has no debt.
* Research facilities and production equipment were purchased for $8,450,000.
* BioTLab held non-operating assets in the amount of $875,000.
* Net income for the 12 months was $20,000,000.
* BioTLab has a marginal tax rate of 40%.
* Noncash charges for depreciation and restructuring for the 12 months were $1,250,000.
BioTLab's management has indicated an interest in establishing a dividend and will fund new drug research by issuing additional debt.
Johnson also reviews a competitor to BioTLab, Groh Group, which has a larger segment operating in a highly cyclical business. The Groh Group has a debt to equity ratio of 1.0 and pays no dividends. In addition, Groh Group plans to issue bonds in the coming year.
Using a two-stage, free cash flow to the firm model, determine which of the following is closest to the value of BioTLab.
A. $436 million.
B. $419 million.
C. $477 million.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
Free cash flow to the firm (FCFF) can be calculated in many ways but in this question, you are given enough information to calculate the measure in the following way:
FCFF = net income + non-cash charges + interest (1 - t) - fixed capital investment -working capital investment
If a firm has non-operating assets (e.g., land held for investment) on its balance sheet, the value of these assets must be added to the value of the operating assets (determined using the present value of the FCFFs and terminal value) to find the total firm value.
Total firm value = value of operating assets + value of non-operating assets Total firm value = 476,521,739 + 875,000 = 477,396,739 (Study Session 12. LOS 41.k)
NEW QUESTION: 3
What PAL algorithm category can you use for supervised learning?
Please choose the correct answer.
Response:
A. Association
B. Classification
C. Clustering
D. Social network analysis
Answer: B