[LEVEL II 模拟试题] Mock Level II - Question 41-45

Kakashi_8

Question：41
There are at least four factors that contribute to a firm’s profitability and pricing decisions. All of the following are factors that firms consider when establishing their pricing practices EXCEPT:
A)product segmentation.
  O" G" `1 u* {6 YB)ease of entry into the industry.
C)degree of industry concentration.
D)product demographics.
: w% o" G4 u# S( F
Question：42
! ^7 t$ O5 G- s7 C0 j$ b; {Jax, Inc., pays a current dividend of $0.52 and is projected to grow at 12 percent. If the required rate of return is 11 percent, what is the current value based on the Gordon growth model?
! x/ n/ e6 D  q7 |! w& PA)$39.47.
4 g3 v- {* |4 B/ G) Q, eB)unable to determine value using Gordon model.
C)$53.32.
9 `6 h* f3 W7 _- X& y4 LD)$58.24.


( i# D, L- a- C+ [Question：43
The difference between free cash flow to equity (FCFE) and free cash flow to the firm (FCFF) is:
0 h' f6 ~) l2 v1 dA)earnings before interest and taxes (EBIT) less taxes.
B)after-tax interest and net borrowing.
/ D9 O) q: `4 Z/ sC)before-tax interest and net borrowing.
5 `( \5 g  M8 ~7 f( V6 ?# z' aD)capital expenditures.

3 u  I" q# Q3 s, k8 b% n- C' VQuestion：44
2 C0 g6 g5 B7 z/ s* h$ ]; W  v1 fGood Sports, Inc., (GSI) has a leading price to earnings (P/E) ratio of 12.75 and a 5-year consensus growth rate forecast of 8.50 percent. What is the firm’s P/E to growth (PEG) ratio?
A)0.67.
+ \5 [  O) Y8 M1 j$ oB)150.00.
C)6.67.
. d3 b: B! Q' K; a% YD)1.50.
& }" _3 _4 X6 p/ X4 t; t
Question：45
+ W# |+ H6 m! \A method commonly used to normalize earnings is the method of:
. u  C+ D0 l6 o2 r0 GA)average return on assets.
" N1 |" c; w; {. x+ g/ {B)historical average earnings per share (EPS).
3 `) W  N6 |. i  RC)comparables.
D)forecasted fundamentals.
+ p; L: I$ k3 Q# T/ M+ j1 m! H, Z
2 g3 i4 w- W1 f" n) w

) P& G& o$ g/ i+ l0 C- {1 L# Y

Kakashi_8

答案和解答详解如下：
1 r+ W0 T& B9 Y, i

游客，如果您要查看本帖隐藏内容请回复

Just等爱

谢谢分享！

半度微凉

THANK YOU VERY MUCH!

jasoncheungkc

谢谢楼主！

fanfan

谢谢分享！

HannahH

谢谢分享！ 谢谢分享！