[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:
9 d$ E$ k/ `* gA)product segmentation.
, M7 Y. h7 X* P, y; h. nB)ease of entry into the industry.
) k( b( H/ P/ L0 l8 z3 YC)degree of industry concentration.
D)product demographics.

Question：42
1 ~7 U% R0 P+ e4 XJax, 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?
A)$39.47.
1 m' `4 Z& I) x) d5 ~4 n/ MB)unable to determine value using Gordon model.
C)$53.32.
D)$58.24.
* I* Y6 A$ N3 m

Question：43
$ I( W7 G! r; o" Q. u: PThe difference between free cash flow to equity (FCFE) and free cash flow to the firm (FCFF) is:
A)earnings before interest and taxes (EBIT) less taxes.
( \9 u, R6 R: @- gB)after-tax interest and net borrowing.
/ z" R% q8 L2 [C)before-tax interest and net borrowing.
D)capital expenditures.
6 b  ~' p! v4 n- d1 |
- Z. f* U1 B" t) j2 @) L8 SQuestion：44
Good 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.
B)150.00.
; a( q1 E1 r! Q& ?9 ]8 GC)6.67.
" I4 b5 o: e% I$ nD)1.50.
+ q6 U5 G$ d' t$ k* L% q  y2 E
2 p; I7 k: U* ]Question：45
: h, f& b- w/ ?# E7 f1 d; A8 l6 wA method commonly used to normalize earnings is the method of:
A)average return on assets.
B)historical average earnings per share (EPS).
, E. h9 k/ E( F( kC)comparables.
3 ?+ B* v0 q2 I6 \- Y: }5 wD)forecasted fundamentals.
7 {" O$ H" M% l' U

" V, C" t- |* Z" U6 S

Kakashi_8

答案和解答详解如下：
5 m. A6 \* V/ S, D

游客，如果您要查看本帖隐藏内容请回复

- d: Q* q' p# n9 g

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！