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  • Exam Code: CWDP-304
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NEW QUESTION: 1
Sampson Aerospace is a publicly-traded U.S. manufacturer. Sampson supplies communication and navigation control systems to manufacturers of airplanes for commercial and government use. The company operates two divisions: Commercial Operations and Government Operations. Revenues from the Government Operations division comprise 80% of Sampson's total company revenues. Revenues for other companies in the industry are also driven primarily by sales to the U.S. government.
Sampson has gained a reputation for offering unique products and services. Sampson's market share has been increasing, and its net profit margin is among the highest in its industry.
As part of its business strategy, Sampson seeks out opportunities to enhance internal growth by acquiring smaller companies that possess new technologies that would allow Sampson to offer unique products and services. To this end, Sampson CEO, Drew Smith, recently asked his acquisitions team to consider the purchase of a controlling interest in either NavTech or Aerospace Communications, both software applications firms. Smith provides his acquisitions team with an aerospace analyst's industry report that addresses many key issues within the industry. Selected passages from the report are reproduced below:
Sales in the aerospace electronics industry depend primarily on government military spending, which, in turn, depends on defense budgets. Sales depend on commercial travel to a much lesser extent. The government defense spending budget outlook is fairly bleak as the current administration is looking for ways to reduce the budget deficit. We feel the commercial airline segment has more upside than downside, especially as the global economy improves, so we might see a gradual shift in industry focus toward the commercial airline sector. Companies that already have a foothold in the commercial sector are well-positioned to grow during the global recovery. Even so, companies in this industry will remain highly sensitive to government spending for their revenues. Research and development costs are high and the industry is highly capital intense. While there are only a few companies in this industry, good opportunities exist, especially for companies that have developed sustainable profits through wise acquisitions, cost containment, and the ability to secure long-term government contracts.
Sampson Aerospace recently announced that it is reducing its investment return assumption on its pension assets from 6% to 5%, and that it has entered negotiations to possibly acquire controlling equity interests in communications software firms, NavTech and Aerospace Communications. NavTech recently has decided to capitalize a significant portion of its research and development expense, and Aerospace Communications has restructured and reclassified many of its leases from operating to financial leases.
Sampson CEO Drew Smith recently announced that Sampson had dropped out of negotiations with Knowledge Technologies, claiming it was likely not a sustainable business model.
Consensus forecasts for NavTech and Aerospace Communications are presented in Exhibit 1.

Assuring that NavTech is valued according to the constant growth dividend model, the market expectation of dividend growth implied by NavTech's current stock price is closest to:
A. 5%.
B. 7%.
C. 9%.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
Defining as the current stock price, as the expected year-end dividend, k as the required cost of equity, and g as the dividend growth rate, the present value formula for constant growth dividends is:

(Study Sessions 10 and II, LOS 33x and 40.e)

NEW QUESTION: 2
You have two servers named Server1 and Server2 that run Windows Server 2012 R2.
You have a Microsoft Azure subscription that has two backup vaults named Vault1 and Vault2.
Server1 is backed up to Vault1. The backup of Server1 contains a file named Data.db. Server2 is backed up to Vault2.
You need to recover a copy of Data.db to Server2.
What should you do?
A. From the Azure Management Portal, allow the re-registration of Server1. On Server2, modify the Microsoft Azure Backup properties, and then run the Recover Data Wizard.
B. From the Azure Management Portal, modify the policies of Vault1. On Server2, run the Recover Data Wizard.
C. From Server2, copy the Vault1 credentials and the passphrase. Run the Recover data Wizard.
D. From Server2, modify the logon settings for the Microsoft Azure Recovery Services Agent service, and then run the Recover Data Wizard.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
We need the Vault1 credentials to be able to access the data in Vault1.
We need the passphrase of Server1 to access the backup that was made on Server1.
References: Microsoft Azure - Cloud Backup and Recovery
http://blogs.technet.com/b/rmurphy/archive/2014/12/02/microsoft-azure-backup.aspx

NEW QUESTION: 3
About the descriptions of LSA of various messages, which is wrong?
A. The LS Request message contains only the LS Type, LS ID, and the Advertising Router.
B. The LS Ack packet contains the complete LSA information.
C. The LS Update message contains the complete LSA information.
D. The DD type LSA contains only the summary information of the LSA, that is, the LS Type, LS ID, Advertising Router and LS Sequence Number.
Answer: B

NEW QUESTION: 4
DRAG DROP
Your network contains an Active Directory domain named adatum.com. The domain contains a server named Server1 that runs Windows Server 2012 R2. Server1 is configured as a Network Policy Server (NPS) server and as a DHCP server.
You need to log all DHCP clients that have windows Firewall disabled.
Which three actions should you perform in sequence? To answer, move the three appropriate actions from the list of actions to the answer area and arrange them in the correct order.

Answer:
Explanation:

References:
http: //technet.microsoft.com/es-es/library/dd314198%28v=ws.10%29.aspx
http: //technet.microsoft.com/es-es/magazine/2009.05.goat.aspx
http: //technet.microsoft.com/es-es/library/dd314173%28v=ws.10%29.aspx
http: //ripusudan.wordpress.com/2013/03/19/how-to-configure-nap-enforcement-for-dhcp/
http: //technet.microsoft.com/es-es/magazine/2009.05.goat.aspx
http: //technet.microsoft.com/en-us/library/dd125379%28v=ws.10%29.aspx
http: //technet.microsoft.com/en-us/library/cc772356%28v=ws.10%29.aspx
Explanation:




* With NPS, you can create client health policies using SHVs that allow NAP to detect, enforce, and remediate client computer configurations.
WSHA and WSHV provide the following functionality for NAP-capable computers:
The client computer has firewall software installed and enabled.
* Example measurements of health include:
The operational status of Windows Firewall. Is the firewall enabled or disabled?
In NAP terminology, verifying that a computer meets your defined health requirements is called health policy validation. NPS performs health policy validation for NAP.

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