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SQ0-101 - e*Gate 4.5 Associate Developer - Dump Information

Vendor : See-Beyond
Exam Code : SQ0-101
Exam Name : e*Gate 4.5 Associate Developer
Questions and Answers : 60 Q & A
Updated On : November 14, 2018
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SQ0-101 Questions and Answers

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SQ0-101 e*Gate 4.5 Associate Developer

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SQ0-101 exam Dumps Source : e*Gate 4.5 Associate Developer

Test Code : SQ0-101
Test Name : e*Gate 4.5 Associate Developer
Vendor Name : See-Beyond
Q&A : 60 Real Questions

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SQ0-101 exam Dumps Source : e*Gate 4.5 Associate Developer

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Test Name : e*Gate 4.5 Associate Developer
Vendor Name : See-Beyond
Q&A : 60 Real Questions

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When we reported last month on the approximately $4.5 billion that city taxpayers are spending on the “dynamic neighborhood” of Hudson Yards on Manhattan's West Side, eagle-eyed readers may have noticed that our breakdown of the costs featured a tilde (~) before the $750 million figure for tax breaks for commercial developers — indicating that "this figure is our best guess."

Now, a draft paper by two New School researchers has conducted an even more comprehensive trawl for Hudson Yards public costs, and while it generally confirms our analysis, it finds a couple of items we missed: A total of $1.1 billion worth of items, in fact, bringing the public price tag to a staggering $5.6 billion, with hundreds of millions of dollars still to flow from city coffers.

"A project that was sold as being self-financed, a portion of it is — but it also comes with this rather staggering cost," says Bridget Fisher, associate director of the New School’s Schwartz Center for Economic Policy Analysis, who along with Schwartz Center research associate Flávia Leite conducted the study, which they are currently submitting to academic journals for future publication. "The packaging is that it's not going to compete with other city priorities for funding, but over time it's added up" — to $3.5 billion in initial bonding, plus now at least $2.1 billion in hidden costs.

Most of the additional tax breaks are attached to two buildings that, while not part of the development atop the railyards, are nonetheless part of the much larger special tax district. ("Hudson Yards" is widely used to mean both the smaller development and the larger area; also, both the Hudson Yards Infrastructure Corporation [HYIC], which is a public entity, and Related Hudson Yards, which is a private developer. Nomenclature is hard!)

The Spiral, a 65-story terraced office tower under construction by Tishman Speyer at 34th Street and 10th Avenue, is projected to receive $170 million in property tax breaks, according to New York City Industrial Development Agency documents; a smaller office tower west of 11th Avenue and north of the railyards, dubbed 55 Hudson Yards, will get $76.5 million in tax discounts.

Fisher and Leite also tallied up the tax breaks that Hudson Yards residential buildings will be getting under 421-a, the controversial subsidy program for apartment buildings that now costs the city more than $1.4 billion in forgone taxes a year, and which helped bring down State Assembly Speaker Sheldon Silver when it was revealed that he had extended it to several Manhattan luxury towers being built by his campaign donors. From 2009 through this year, Hudson Yards buildings have already racked up $367 million in 421-a breaks, according to Fisher and Leite; but that doesn't account for residential units not yet constructed, or for existing buildings' future 421-a tax breaks, which can last up to 20 years.

The New School duo also identified other city spending buried in the fine print: $12 million on building demolition, $106 million for a new public school in the Hudson Yards district, and $359 million in interest on Hudson Yards bonds that the city covered while the Hudson Yards Infrastructure Corporation waited for development that was delayed by the Great Recession. (Though the HYIC has made some payments back to the city in exchange, Fisher says her research found no legislative requirement that it do so.)

Digging up all these figures wasn't easy, says Fisher, requiring "a deep dig into all these city budget documents." For the missing commercial tax break numbers, Fisher and Leite had to file a Freedom of Information Law request with the NYC Industrial Development Agency [IDA], which gives tax breaks to developers. The IDA has not otherwise made its projections publicly available.

(Interestingly, Gothamist's projection of $100 million for the tax breaks to be provided to 50 Hudson Yards — a guesstimate based solely on total floor area —turned out to be pretty damn close: The actual figure, according to the FOILed IDA documents, is $106.2 million.)

This opacity is exactly what the City Council tried to eliminate via Local Law 48 of 2005, plus its followup Local Law 62 of 2010, both of which tried to force the city's Economic Development Corporation [EDC] to quantify how much the city spends each year on developer incentives. But, explains Sean Campion of the Citizens Budget Commission, because the Hudson Yards subsidies are so convoluted — payments in lieu of taxes that are paid to a special quasipublic corporation, but at a discounted rate from what developers would normally pay — the EDC isn't required to publish those in its Annual Investments Report, so they remain an official mystery unless you're armed with FOIL requests.

And while both Hudson Yards and its subsidies are now set in concrete, it's worth keeping in mind when future pay-for-itself-with-magic-beans development plans are floated — or when Hudson Yards itself demands more money, as it just did in August when the City Council, with no fanfare, voted unanimously to tack on another $500 million in bonds to pay for more pocket parks. (Related Hudson Yards president Jay Cross told Gothamist previously that the city is "going to get more than paid back" for the billions in subsidies.)

"When Mayor de Blasio wanted to build the streetcar in Brooklyn and Queens, he's pointing to Hudson Yards as a successful use of TIF, and calling it a self-financed project," says Fisher, referring to tax increment financing, a controversial method of funding development by diverting property tax revenues. "And my work is to try to say that that's misleading." Unless you're willing to overlook a couple billion dollars, among friends.


AP source: Giants hire Farhan Zaidi away from Dodgers | killexams.com real questions and Pass4sure dumps

SAN FRANCISCO (AP) — Dodgers general manager Farhan Zaidi has accepted a job as head of baseball operations for the San Francisco Giants, a person with direct knowledge of the agreement said Tuesday night.

The person spoke on condition of anonymity because the club had yet to make a formal announcement. Baseball executives are meeting this week for the GM meetings in Carlsbad, California.

Zaidi just completed his fourth year as GM for Los Angeles. His Dodgers won a sixth straight NL West title and reached the World Series each of the past two seasons.

In November 2014, the Canadian-born Zaidi departed his job as assistant GM of the Oakland Athletics to lead the Dodgers under Andrew Friedman. Zaidi earned his bachelor's degree in economics from Massachusetts Institute of Technology in 1998 and a PhD in economics from the University of California at Berkeley in 2011.

So, Zaidi brings more of an analytical emphasis and strength. The Giants sought to upgrade their baseball operations department and take a "fresh approach," as CEO Larry Baer put it.

"The most important thing is a great baseball mind," Baer said at season's end.

Zaidi is expected to have the flexibility to hire someone as GM under him. He spent 10 seasons with Oakland and received plenty of responsibility on Billy Beane's staff, such as playing a key role in the acquisition of Cuban slugger Yoenis Cespedes before the 2012 season.

The Giants dismissed GM Bobby Evans in September. San Francisco — which won World Series championships in 2010, '12 and '14 — went 73-89 in 2018 and went a majors-worst 5-21 in September to miss the playoffs for a second straight year and third in four seasons.

With the A's, Zaidi's areas of expertise included providing statistical analysis for evaluating and targeting players in the amateur draft, free agent and trade markets. He also worked on arbitration cases, minor league contracts and worked closely with coaches to analyze data from advance scouting reports.

Zaidi previously served as business development associate for Small World Media, the fantasy sports division of The Sporting News, and also worked as a management consultant for the Boston Consulting Group.

The San Francisco Chronicle first reported the hiring Tuesday night.

Copyright 2018 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


The Kiplinger Dividend 15: Our Favorite Dividend-Paying Stocks | killexams.com real questions and Pass4sure dumps

The Kiplinger Dividend 15, the list of our favorite dividend-paying stocks, doled out plenty of payout love in its first year, with an average yield of 3.7%.

To make it into our lineup, dividend stocks had to first beat the 2% average yield of the Standard & Poor's 500-stock index. We then looked for firms that are leaders in their industry and that have solid prospects for expanding their sales and profits, while also generating enough cash to pay investors. And we aim to avoid dividend traps -- stocks with high yields but weak underlying businesses and poor prospects.

We've made just one change in the list, pulling CVS Health (CVS). Although the stock has performed well, it broke its streak of dividend increases, which was one reason we recommended it. We'll introduce its replacement in a minute.

We're keeping the rest of the Kiplinger Dividend 15, which we divide into three groups, for their dividend stability, briskly growing payouts or high yields. Find a dividend stock that suits your needs, or select a mix.

A 60-year record of increasing dividends looks poised to continue at 3M (MMM, $198), even though the stock has fallen 6.5% over the past year. The retrenchment was to be expected, considering that the stock jumped 34% in 2017 alone. According to analysts at research firm CFRA, 3M's investments in research and development have dampened earnings growth in 2018, although it should be positive in the long term. Given the safety of 3M's dividend, its thousands of patents and its commitment to research, the stock deserves its place in the Dividend 15.

Air Products & Chemicals (APD, $158) serves customers in the energy, industrial, health care and consumer markets. The company is the largest supplier of hydrogen to petroleum refineries, which use the gas to upgrade heavy crude oil. Many of its customers sign contracts for 10 to 20 years, giving the company long-term stability.

The firm's spending on plant and equipment should bear fruit in future years, especially in Europe, the Middle East and Africa, where Air Products has seen 24% sales growth over the past 12 months. The company raised its yearly payout nearly 16% in April.

Courtesy Emerson Electric

Yield: 2.7%

Annual dividend: $1.94

Consecutive years of increases: 61

Five-year dividend growth rate: 3.4%

One-year total return: 15.6%

Emerson Electric (EMR, $72) was established in St. Louis in 1890, but the company isn't rooted in the past. Automation is the future, and Emerson's hardware and software help make production more efficient for industries ranging from oil and gas to automobiles. Emerson also has a big group of well-known commercial and consumer products, including heating and air conditioning units, lighting and electrical materials. Analysts expect earnings growth of 17.4% for the fiscal year that ends in September 2019, and 15.4% for the following year -- enough to keep a 61-year record of dividend hikes on track.

SEE ALSO: The 25 Biggest U.S. IPOs of All Time

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Yield: 4.0%

Annual dividend: $3.28

Consecutive years of increases: 36

Five-year dividend growth rate: 5.4%

One-year total return: 2.6%

You might associate Exxon Mobil (XOM, $81) with gasoline, but it's also a reliable engine of dividend growth.

The world's largest publicly traded oil and gas company has averaged a 6.3% dividend hike for the past 35 years, even through lean times for the energy sector. Aided by rising oil prices this year, Exxon Mobil generated cash flow from operations of $7.8 billion in the second quarter, up from $6.9 billion a year earlier. The company has invested heavily in the Permian oil basin, particularly in pipelines there. Despite big capital outlays, Exxon Mobil remains committed to its generous dividend.

SEE ALSO: The "Accelerators": 13 Dividend Stocks With Rapidly Growing Payouts

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Yield: 2.7%

Annual dividend: $3.60

Consecutive years of increases: 56

Five-year dividend growth rate: 6.4%

One-year total return: 0.4%

Like all drug companies, pharmaceutical powerhouse Johnson & Johnson (JNJ, $134) comes with risks -- in this case, legal battles involving its talcum powder and surgical mesh products. Nevertheless, the company is so broadly diversified that it's not reliant on one drug or even one product segment. "We see solid pharmaceutical growth, while consumer products and medical devices continue to rebound and aid sales growth," say CFRA analysts.

The company's free cash flow (cash left over after spending to maintain and expand the business) covers its dividend by a wide margin, meaning J&J's 56-year streak of raising dividends is unlikely to end soon.

SEE ALSO: The 25 Best Low-Fee Mutual Funds You Can Buy

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Yield: 3.6%

Annual dividend: $2.87

Consecutive years of increases: 62

Five-year dividend growth rate: 3.6%

One-year total return: -11.2%

You've probably used something from Procter & Gamble (PG, $79) today, whether it's laundry detergent (Tide), razors (Gillette) or cough medicine (Vicks). If you're a shareholder, you no doubt appreciate P&G's dividend record: It has paid dividends for 128 consecutive years and raised them for the past 62.

Despite a strong stock market, however, this stock has languished. P&G has been challenged by growing competition and rising materials prices. But Morningstar sector director Erin Lash argues that the firm's efforts to reduce costs and increase prices make it a good buy. The stock is cheap now relative to earnings and sports a 3.6% yield. "We think investors would be wise to stock up," Lash says.

SEE ALSO: Dividend Aristocrats to Earn Income All Year

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Yield: 2.2%

Annual dividend: $2.08

Consecutive years of increases: 45

Five-year dividend growth rate: 2.0%

One-year total return: 12.5%

Walmart (WMT, $95) is best known for its vast number of outlets peddling low-cost consumer goods. But Walmart is also making big strides in e-commerce, including buying a 77% stake in Indian e-commerce giant Flipkart in August. Walmart's U.S. e-commerce sales soared 40% in the fiscal quarter that ended July 31, according to Zacks Investment Research. The $16 billion Flipkart deal will slow earnings in the short term, but Walmart has plenty of cash to pay -- and increase -- dividends.

SEE ALSO: 16 High-Yielding Monthly Dividend Payers

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Courtesy AbbVie

Yield: 4.2%

Annual dividend: $3.84

Consecutive years of increases: 5

Five-year dividend growth rate: 19.1%

One-year total return: 3.1%

AbbVie (ABBV, $91), a pharmaceutical company with several blockbuster patents and a strong group of new products in the pipeline, is the newest member of the Kiplinger Dividend 15 and the replacement for CVS.

AbbVie expects sales of Humira, used to treat rheumatoid arthritis, psoriasis and Crohn's disease, to approach $21 billion by 2020. The firm is developing a drug to treat glioblastoma, an aggressive form of brain cancer, and another to treat multiple myeloma, a blood cancer.

AbbVie has paid dividends only since 2013, when it was spun off from Abbott Laboratories. Since then, the payout has grown at a five-year annualized rate of nearly 18%, with a 40% bump in the annual payout in 2018.

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Yield: 2.1%

Annual dividend: $4.12

Consecutive years of increases: 10

Five-year dividend growth rate: 21.4%

One-year total return: 19.4%

You may have noticed that the parking lot at Home Depot (HD, $192) is nearly always jammed on weekends, and so have investors. Our top performer, the stock has gained 19.4% over the past year, pushing the share price to 19 times estimated earnings of $10.25 a share for the fiscal year ending January 2020. That compares with a price-earnings ratio of 16 for the S&P 500 based on calendar 2019 estimates. The high share price has pushed Home Depot's dividend yield down to 2.1%. Nevertheless, the firm raised its dividend nearly 16% in 2018, to $4.12 a share, on top of last year's 29% hike.

SEE ALSO: 25 Dividend Stocks You Can Buy and Hold Forever

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Courtesy Lockheed Martin

Yield: 2.7%

Annual dividend: $8.80

Consecutive years of increases: 17

Five-year dividend growth rate: 10.6%

One-year total return: 4.5%

Lockheed Martin (LMT, $328), the largest military contractor in the world and the maker of the $89 million F-35 fighter jet, is benefiting from a surge in U.S. military spending. The company has delivered about 300 of the next-generation fighters since production began in 2006, and it signed a contract in September to deliver another 141. Lockheed Martin's large array of defense products, including Sikorsky helicopters, makes it a remarkably stable business with plenty of runway to continue healthy dividend boosts.

SEE ALSO: 25 Dividend Stocks That Analysts Love the Most

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Yield: 3.0%

Annual dividend: $3.08

Consecutive years of increases: 15

Five-year dividend growth rate: 20.7%

One-year total return: 11.8%

The tech sector is second only to financial services in the dollar amount of dividends it pays, and Texas Instruments (TXN, $101) is a good example, raising its dividend 29% in 2017 and 17% in 2018. The company is the world's largest producer of analog microchips, which convert sounds and other real-world signals into digital inputs. Although the chip business is highly competitive, Texas Instruments' chips are hard to switch out once they are embedded in a product's design.

The company is seeing fast sales growth in the automotive market. And its chips inform a growing number of machines and devices that make up the Internet of Things -- the web of products, from refrigerators to earth movers, connected to the internet.

SEE ALSO: 15 Consumer Stocks That Deliver Dividend Growth Like Clockwork

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Yield: 6.7%

Annual dividend: $2.32

Consecutive years of increases: 1

Five-year dividend growth rate: 20.3%

One-year total return: 12.3%

Blackstone Group (BX, $35) has returned 12.3% over the past year and still sports a 6.7% yield. The asset manager has four divisions, focused on funds that invest in private companies, funds that invest in real estate, hedge funds and fixed-income funds. From 2014 through 2017, Blackstone's fee-earning assets under management have grown at an annual rate of 15.7%, to $335.3 billion.

Its quarterly payout is variable and depends on what the firm earned that quarter. In the first three quarters of 2018, the payout ranged from 85 cents per share to 35 cents per share.

SEE ALSO: 12 Alternative Strategies for High Yield and Stability

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Yield: 6.1%

Annual distribution: $1.73*

Consecutive years of increases: 14

Five-year distribution growth rate: 4.6%

One-year total return: 13.3%

Enterprise Products Partners, LP (EPD, $29) is a master limited partnership that provides pipelines, processing and storage for oil and gas. Enterprise has a 50,000-mile pipeline network that connects to every major U.S. shale play, and it is seeing rising demand for liquid natural gas from both chemical and refinery businesses. Pipeline companies typically enter into long-term agreements with customers. Poaching by competitors is rare because it's hard to build another pipeline in an area where one already exists. Enterprise fits well into our high-yield category, with a 6.1% yield. Note: MLPs issue K-1 forms that can complicate your tax filings.

*Distributions are similar to dividends, but are treated as tax-deferred returns of capital and require different paperwork come tax time.

SEE ALSO: 10 Funds to Buy for High-Yield Preferred Stocks

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Yield: 4.7%

Annual dividend: $2.65

Consecutive years of increases: 24

Five-year dividend growth rate: 3.8%

One-year total return: 2.6%

Realty Income (O, $56) was in the doghouse early in 2018 but has inched off the pooch porch. Despite an 11% drop from the start of 2018 through April, the shares have managed a 2.6% gain over the past year, including dividends. The real estate investment trust (REIT), which pays dividends monthly, has a portfolio of properties that tend to grow slowly, but steadily, in value. With 5,483 properties under long-term leases in 49 states and Puerto Rico, Realty Income has broad diversification. Top tenants by rental revenue are Walgreens (WBA), FedEx (FDX) and Dollar General (DG). Since 1996, overall occupancy hasn't dipped below 96.6%.

SEE ALSO: 20 Best Small-Cap Dividend Stocks to Buy

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Yield: 4.5%

Annual dividend: $2.41

Consecutive years of increases: 12

Five-year dividend growth rate: 2.6%

One-year total return: 16.0%

Verizon Communications (VZ, $54) is North America's largest wireless carrier in a hotly competitive market. A big investment in its Fios network should start to pay off over the next few years. Verizon has also rolled out Oath, a division that will include Yahoo News, HuffPost, Engadget, TechCrunch, Yahoo Finance, Yahoo Sports and Tumblr, marking a foray into online content and advertising that could provide significant growth over time. For now, the shares yield a plump 4.5%.

SEE ALSO: The "Sweet Spot": 15 Mid-Cap Dividend Stocks to Buy

EDITOR'S PICKS

Copyright 2018 The Kiplinger Washington Editors



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See-Beyond SQ0-101 Exam (e*Gate 4.5 Associate Developer) Detailed Information



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