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Question：41 % { l* w8 K" A- l) e$ S+ u/ X0 l
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:
1 ], J P: [; `3 t5 T% `* U& CA)product segmentation.
) Q$ `, `2 p1 I5 o7 UB)ease of entry into the industry.% i! r! v6 w! S; h% C' `3 ^; N+ L
C)degree of industry concentration.' d9 B2 [& w/ v& i; A
D)product demographics.
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e0 D( Q4 G. ~1 d0 h6 q/ RQuestion：42
: o6 H( Q$ ], P1 e5 w" gJax, 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?) |7 F# ]; M o a- Q# ?. k
A)$39.47.
* o% O. J( n- Z7 d. C9 }; A- kB)unable to determine value using Gordon model.
& _& r. S3 S3 y& n! iC)$53.32.
; z- v. K8 j" ?* t& jD)$58.24.) z Q0 ~+ L* U
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Question：43
$ m; M# ^: Y! l: W( S0 V' V* B' fThe difference between free cash flow to equity (FCFE) and free cash flow to the firm (FCFF) is:8 U4 @/ M1 B8 ^5 P' k. L# o( T
A)earnings before interest and taxes (EBIT) less taxes.
; w: \% ~9 `' ^3 x8 H- N% c0 q5 h% ?B)after-tax interest and net borrowing.: f, n# p s2 a/ T- Q
C)before-tax interest and net borrowing.! E( @! [' D$ `: ~3 f8 f
D)capital expenditures.
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Question：44
$ [' k" J* k8 QGood 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?* S* y, G/ O: s% q) c
A)0.67.
& d+ G9 g1 `, w( b! J( W0 aB)150.00.! A, J: K, l* D! K* c
C)6.67.; E! |# G' i- c5 {
D)1.50.
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& ?% S' C- w* [' k! xQuestion：457 ]0 `2 s4 \& P2 p
A method commonly used to normalize earnings is the method of:
/ R% A6 \# f" y* xA)average return on assets.
" H$ n a( ^0 Y* Y& c, B, sB)historical average earnings per share (EPS).
7 R; T! n" c) b% W; P8 N9 ?C)comparables.8 A6 p( {# Y- n6 B/ ]
D)forecasted fundamentals.3 L) _; r* T0 m' L: b
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发表于 2015-7-16 14:07:08
楼主
发表于 2015-7-22 09:26:11
