A proposed server architecture includes SAN LUNs being presented to client LPARs using shared HBAs to reduce infrastructure cost. The customer requires minimal management efforts for the dual VIO Servers. Which technology is recommended for this proposal?()
第1题:
A. be filled
B. are filled
C. could be filled
D. will be filled
第2题:
(c) Acting as an external consultant to Semer, discuss the validity of the proposed strategy to increase gearing, and explain whether or not the estimates produced in (b) above are likely to be accurate. (10 marks)
(c) Report on the proposed adjustment of gearing through the repurchase of ordinary shares
The effect of capital structure on the value of a company is not fully understood.
Increasing the proportion of debt in the capital structure may reduce the overall cost of capital due to the interest on debt being a tax allowable expense. Even if a company is in a non-tax paying position, mixing additional low cost debt with relatively expensive equity might reduce the weighted average cost of capital. In such circumstances the proposed strategy to increase gearing would have some validity. However, increasing gearing can also bring problems. Risk to investors, and therefore the required returns on equity and debt, will increase as gearing increases. Very high levels of gearing might lead to
direct and indirect bankruptcy costs, with a detrimental effect on cash flow and corporate value. Any benefits from increasing the proportion of debt in the capital structure will be to some extent offset as a result of increased risk with high gearing.
The revised estimates of the effect on the cost of capital and value of Semer are not likely to be accurate. Reasons for this include:
(i) The company will not be able to repurchase the necessary shares at their current market value. Approximately £240 million value of equity would need to be repurchased, or more than one third of the existing market value of equity.
As repurchases take place it is likely that the share price will significantly increase.
(ii) The cost of debt is unlikely to remain constant. As more debt is issued lenders will demand a higher interest rate to compensate for the extra risk resulting from higher gearing levels. The cost of equity will also increase with higher gearing. These effects will increase the weighted average cost of capital to a higher level than that estimated.
(iii) The precise market values of debt and equity after the repurchase are unknown, and again will reflect the market attitude
to the new risk of the higher gearing.
The value of the company is likely to be much lower than that estimated, as the weighted average cost of capital is likely to be underestimated.
第3题:
(b) Advise on the capital gains implications should Trent Limited’s old building be sold as proposed. Support your
advice with relevant calculations. (4 marks)
This gives a higher post-entry loss of £50,000 (150,000 – 100,000) and so it is advisable for Trent Limited to make
this election.
The £100,000 of pre-entry losses are still available, but can only be set against gains on assets which:
(i) Trent Limited sold prior to being acquired (subject to the normal carry back restrictions), or
(ii) Trent Limited already owned when it was acquired, or
(iii) Trent Limited acquired from outside the group and used in its trade after being bought by Tay Limited.
第4题:
Xiao Li proposed we postpone the journey to next month and everybody disagree()him.
A.to
B.with
C.on
D.at
第5题:
A requirements specification is( ).
A.a rough list of things that the proposed software ought to do
B.a precise list of things that the proposed software ought to do
C.a formal list of things that the proposed software must do
D.an estimate of the resources (time,money,personnel,etc)which will be required to construct the proposed software .
第6题:
第7题:
Which tool validates firmware and HMC compatibility for a proposed AIX upgrade?()
第8题:
logical models
physical models
design models
implementation models
第9题:
A、put off
B、to put off
C、putting off
D、need put off
第10题:
(b) Identify and explain THREE approaches that the directors of Moffat Ltd might apply in assessing the
QUALITATIVE benefits of the proposed investment in a new IT system. (6 marks)
第11题:
(b) State the immediate tax implications of the proposed gift of the share portfolio to Avril and identify an
alternative strategy that would achieve Crusoe’s objectives whilst avoiding a possible tax liability in the
future. State any deadline(s) in connection with your proposed strategy. (5 marks)
第12题:
A customer is looking for a solution to provide high performance storage. A competing vendor has proposed a solution based on a loosely coupled model of 1Gbps iSCSI and SATA disks.What alternative solution could be proposed that is cost-effective and high-performance?()
A. DS8000
B. HDS VSP
C. EMC V-Max standard configuration
D. XIV system 15 module configuration
第13题:
A software requirements specification is that () .
A.a rough list of things that the proposed software ought to do
B.a precise list of things that the proposed software ought to do
C.a formal list of things that the proposed software must do
D.an estimate of the resouroes (time, money, personnel, etc) which will be required to construct the proposed software
第14题:
A customer wants to purchase an IBM System Storage DS8000. The proposed location is in a data center on the third floor of an office building. Which document should the storage specialist consult to ensure that the DS8000 can be installed in the proposed location()
第15题:
plan
design
prepare
operate