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NEW QUESTION: 1
Voyager Inc., a primarily internet-based media company, is buying The Daily, a media company with exposure to newspapers, television, and the internet.
Voyager's acquisition of The Daily is The company's second major acquisition in its history. The previous acquisition was at the height of the merger boom in the year 2000. Voyager purchased the Dragon Company at a premium to net asset value, thereby doubling the company's size. Voyager used the pooling method to account for the acquisition of Dragon; however, because of FASB changes to the Business Combination Standard, Voyager will use the acquisition method to account for the Daily acquisition.
Voyager has made an all-cash offer of $45 per share to acquire The Daily. Wall Street is skeptical about the merger. While Voyager has been growing its revenues by 40% per year, The Daily's revenue growth has been less than 2% per year. Michael Renner. the CFO of Voyager, defends the acquisition by stating that The Daily has accumulated a large amount of tax losses and that the combined company can benefit by immediately increasing net income after the merger. In addition, Renner states that the New Voyager will eliminate the inefficiencies of the internet operations and thereby boost future earnings. Renner believes that the merged companies will have a value of $17.5 billion.
In the past, The Daily's management has publicly stated its opposition to merging with any company, a position management still maintains. As a result of this situation, Voyager submitted their merger proposal directly to The Daily's board of directors, while the firm's CEO was on vacation. Upon returning from vacation, The Daily's CEO issued a public statement claiming that the proposed merger was unacceptable under any circumstances.
Based on Renner's comments defending Voyager's acquisition of The Daily, indicate whether his comments about net income and elimination of inefficiencies are most likely correct.
A. Only Renner's comment that the elimination of inefficiencies within the internet operations will create additional value is correct.
B. Both comments are correct.
C. Only Renner's comment that unused tax losses will immediately translate into higher net income is correct.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
If the target of a merger has unused tax losses accumulated, the merged company can use the tax losses to immediately lower its tax liability, thus increasing its net income (Correct). The internet operation of The Daily is insignificant compared to the overall merger value. Any improvement in the cost structure of the internet operation will not have a significant impact on overall earnings. In addition, the high growth characteristics of the internet segment would not warrant a cost restructuring of the operations. (Incorrect) (Study Session 9, LOS 31.b)
NEW QUESTION: 2
法執行機関は、クライアントのアカウントでの疑わしい活動について、金融機関によって提出された疑わしい取引レポート(STR)をレビューしています。その後、代理店は追加情報を要求します。
法執行機関は、調査を促進するために、どの裏付け文書を機関に要求できますか?
A. 以前に同じ顧客に登録されたSTR
B. 機関のSTRポリシーと手順のコピー
C. 顧客に送付された販促資料のコピー
D. 口座開設書類と口座明細書
Answer: D
NEW QUESTION: 3
Your network contains servers that run Windows Server 2012. The network contains two servers named Server1 and Server2 that are connected to a SAS storage device. The device only supports two connected computers.
Server1 has the iSCSI Target Server role service installed. Ten application servers use their iSCSI Initiator to connect to virtual disks in the SAS storage device via iSCSI targets on Server1.
Currently, Server2 is used only to run backup software.
You install the iSCSI Target Server role service on Server2.
You need to ensure that the iSCSI targets are available if Server1 fails.
Which five actions should you perform?
To answer, move the five appropriate actions from the list of actions to the answer area and arrange them in the correct order.
Answer:
Explanation:
Explanation
Reference: http://blogs.msdn.com/b/clustering/archive/2012/05/01/10299698.aspx
NEW QUESTION: 4
Note: This question is part of a series of questions that present the same scenario. Each question in the series contains a unique solution that might meet the stated goals. Some question sets might have more than one correct solution, while others might not have a correct solution.
After you answer a question in this section, you will NOT be able to return to it. As a result, these questions will not appear in the review screen.
You have a Hyper-V host named Server1 that hosts a virtual machine named VM1. Server1 and VM1 run Windows Server 2016.
The settings for VM1 are configured as shown in the exhibit. (Click the Exhibit button.)
You need to ensure that you can use the Copy-VMFile cmdlet on Server1 to copy files from VM1.
Solution: You enable the Guest services integration service for VM1.
Does this meet the goal?
A. No
B. Yes
Answer: B
Explanation:
Explanation/Reference:
Explanation:
The guest service allows the Hyper-V administrator to copy files to a running virtual machine without using a network connection. Beforehand the only way to copy files to the virtual machine was for both the virtual machine and the host be connected to same network and then either use file services to copy file or to create a remote desktop session to the virtual machine and copy files via RDS session.
To copy a file to a virtual machine you need to use the Copy-VMFile PowerShell cmdlet.
References: https://technet.microsoft.com/en-us/library/dn798297(v=ws.11).aspx
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