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NEW QUESTION: 1
Jerry Sanders, CFA, has been asked to analyze the 20-year bonds of Marietta Tech, Inc., which are currently being held in a corporate bond portfolio managed by a colleague, and to recommend whether the bonds should be sold or held. The bonds currently have a yield spread of 1.55% over Treasuries.
Marietta Tech, Inc. designs, manufactures, and markets specialty trucks and truck bodies mounted on new truck chassis produced by others, including concrete mixers, refuse bodies, fire and emergency vehicles, defense trucks, cut-away and dry freight van bodies, refrigerated units, stake bodies, and other specialized trucks. Marietta also manufactures fiberglass wind deflectors, armored trucks, shuttle buses, and cargo vans. Marietta's customers are located in the United States and Canada.
Exhibit 1: Selected Financial Data for Marietta Tech, Inc. (in thousands of $)
At lunch Sanders discusses the credit analysis of various types of bonds with Elizabeth Yan, who was just hired as a bond analyst. Yan makes the following statements:
Statement 1: An analysis of the issuer's business and operating risks is important to the analysis of corporate bond credit risk but not important for the credit analysis of asset backed securities (ABS).
Statement 2: The unique bond covenants in a municipal bond's trust indenture require an additional level of credit analysis not necessary in a corporate credit analysis.
After lunch Sanders asks Tatiana Petrovich in the municipal bond department for her opinion on the most important factors in the risk assessment of tax-backed municipal debt. Petrovich identifies three factors:
1. Ameasure of debt burden, such as debt-per-capita in the tax jurisdiction.
2. An evaluation of tax collection rates and intergovernmental revenue ability.
3. Analysis of the municipality's budgetary policies as an indication of financial discipline.
Sanders first analyzes Marietta's 2008 EBIT-to-interest expense and EBITDA-to-interest expense and compares them to the median ratios from Exhibit 2. Relative to the BBB medians for the respective ratios:
A. only one ratio is greater than its respective BBB median ratios.
B. both ratios are less than their respective BBB median ratios.
C. both ratios are greater than their respective BBB median ratios.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
Both the 2008 EBITDA/interest and the EBIT/interest ratios for Marietta are greater than their comparable indusuy medians of 5.5 and 3.2, icspcctivcly.
NEW QUESTION: 2
You need to recommend a solution to meet the requirements for the ManufacturingIssues.rdl report.
What is the best solution that you should include in the recommendation? More than one answer choice may achieve the goal. Choose the BEST answer.
A. Add a dataset to the report that uses an ad hoc SQL statement. Configure the dataset to include the parameters required for the different views. Use the default display for the parameters.
B. Add a dataset to the report that uses a stored procedure. Configure the dataset to include the parameters required for the different views. Update each parameter to use a set of values from Report Designer.
C. Add a dataset to the report that uses an ad hoc SQL statement. Configure the dataset to include the parameters required for the different views. Add a dataset for each parameter created. Configure each parameter to use the values in the dataset.
D. Add a dataset to the report that uses an ad hoc SQL statement. Configure the dataset to include the parameters required for the different views. Update each parameter to use a set of values from Report Designer.
Answer: A
NEW QUESTION: 3
Windows Server 2012 R2를 실행하는 Server1이라는 인쇄 서버가 있습니다.
보류중인 인쇄 작업이 많은 경우 시스템 드라이브에 여유 공간이 부족한 경우가 있습니다.
Server1에 새 하드 디스크를 추가하고 새 NTFS 볼륨을 만듭니다.
인쇄 작업이 시스템 볼륨의 디스크 공간을 사용하지 않도록 해야 합니다.
무엇을 수정해야 합니까?
A. 인쇄 스풀러 서비스의 속성
B. 각 공유 프린터의 속성
C. 새 볼륨의 속성
D. 프린트 서버 속성
Answer: D
Explanation:
설명:
Windows spools print jobs by default to the following directory as they are processed:
%SystemRoot%\SYSTEM32\SPOOL\PRINTERS.
It is possible for the administrator of a Windows print server to manually instruct Windows the location for placing the spool files, if for example there is a concern for disk space.