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NEW QUESTION: 1
CORRECT TEXT
Below is an ACL entry from a slapd.conf file. Fill in the access control level setting to prevent users from retrieving passwords.
access to attrs=lmPassword,ntPassword by dn="cn=smbadmin,dc=samplenet" write by *
_______
Answer:
Explanation:
none

NEW QUESTION: 2
Was sind die drei Geschäftsmodelle von Service Providern?
A. Interner Dienstleister, externer Dienstleister, ausgelagerter Dritter
B. Interner Dienstanbieter, Externer Dienstanbieter, Shared Service Unit
C. Interner Dienstleister, ausgelagerter Drittanbieter und Offshore-Anbieter
D. Interner Dienstleister, Externer Dienstleister, Shared Service Provider
Answer: D

NEW QUESTION: 3
George Armor, CFA, is a new stock analyst for Pedad Investments. One tool that Pedad uses to compare stock valuations is the dividend discount model (DOM). In particular, the firm evaluates stocks in terms of
"justified" multiples of sales and book value. These multiples are based on algebraic manipulation of the DDM. Over time, these multiples seem to provide a good check on the market valuation of a stock relative to the company's fundamentals. Any stock which is currently priced below its value based on a justified multiple of sales or book value is considered attractive for purchase by Pedad portfolio managers. Exhibit 1 contains financial information from the year just ended for three stable companies in the meat-packing industry: Able Corp, Baker, Inc., and Charles Company, from which Armor will derive his valuation estimates.

One of Pedad's other equity analysts, Marie Swift, CFA, recently held a meeting with Armor to discuss a relatively new model the firm is implementing to determine the P/E ratios of companies that Pedad researches. Swift explains that the model utilizes a cross-sectional regression using the previous year-end data of a group of comparable companies' P/E ratios against their dividend payout ratios (r), sustainable growth rates (g), and returns on equity (ROE). The resulting regression equation is used to determine a predicted P/E ratio for the subject company using the subject company's most recent year-end data. Swift has developed the following model, which has an R-squared of 81%, for the meat packing industry (16 companies):
Predicted P/E = 2.74 + 8.21(r) + 14.21(g) + 2.81(ROE)
(STD error) (2.11) (6.52) (9.24) (2.10)
After Swift presents the model to Armor, she points out that models of this nature are subject to limitations.
In particular, multicollinearity, which appears to be present in the meat packing industry model, can create great difficulty in interpreting the effects of the individual coefficients of the model. Swift continues by stating that in spite of this limitation, models of this nature generally have known and significant predictive power across different time periods although not across different stocks.
If valuation is based on the justified price-to-sales ratio. Armor should conclude that Able Corp is:
A. overvalued relative to Baker, but undervalued relative to Charles.
B. undervalued; the stock trades at less than one half of its value based on a justified price-to-sales ratio.
C. overvalued; the stock trades at more than double its value based on a justified price-to-sales ratio.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
Able Corp should sell for [(2.50 /115) x (1.00 / 2.50) x (1 + 0.15)] / (0.20 - 0.15) -0.20 x sales, or $23/share.
The current market price of $60 is 161% overvalued. Baker trades for $70 versus a value of 1.67 x 52.8
$88, a discount of 20%. Charles trades for $35.50 versus a value of 1.43 x 25-75 = 37, a negligible discount of 4%. (Study Session 12, LOS 42.k)