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NEW QUESTION: 1
You are asked to develop a program for a shopping application, and you are given the following information:
The application must contain the classes Toy, EduToy, and ConsToy. The Toy class is the superclass
of the other two classes.
The int calculatePrice (Toy t) method calculates the price of a toy.
The void printToy (Toy t) method prints the details of a toy.
Which definition of the Toy class adds a valid layer of abstraction to the class hierarchy?
A:
B:
C:
D:
A. Option D
B. Option C
C. Option B
D. Option A
Answer: D
NEW QUESTION: 2
A company's latest accounts show profit after tax of $20.0 million, after deducting interest of $5.0 million. The company expects earnings to grow at 5% per annum indefinitely.
The company has estimated its cost of equity at 12%, which is included in the company WACC of 10%.
Assuming that profit after tax is equivalent to cash flows, what is the value of the equity capital?
Give your answer to the nearest $ million.
$ ? million
Answer:
Explanation:
300, 300000000
NEW QUESTION: 3
Investments in available-for-sale securities should be valued on the balance sheet at ________.
A. lower of cost or market for individual securities
B. lower of cost or market for the portfolio
C. acquisition cost
D. amortized cost
E. fair value
Answer: E
Explanation:
Explanation/Reference:
Explanation:
Available-for-sale securities are investments in debt securities that are not classified as held-to- maturity or trading securities and in equity securities with readily determinable fair values that are not classified as trading securities. They are measured at fair value on the balance sheet.