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Question：41 - n* a! N \6 G; 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:
6 f1 p; ^3 { E" }% U1 o: TA)product segmentation.
# m8 U2 N% O0 i7 f) p( SB)ease of entry into the industry.4 P& I' e) t7 i. t. O6 q
C)degree of industry concentration.
1 G% N- J. ^9 e1 uD)product demographics.
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Question：42
# ]1 Z% W4 @' k$ v* V3 K5 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?! s% t0 m2 G N7 O
A)$39.47.
0 x0 a$ ?0 m. y4 _" p) k) v8 [B)unable to determine value using Gordon model.3 c0 q% V8 `& d/ d
C)$53.32.. S4 _' Z( F: d4 V& H- T* ~+ @0 o# y
D)$58.24.
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$ G% n8 R- ]9 ?: m/ q1 JQuestion：43 $ W4 D( e& Y3 R5 F7 f+ E
The difference between free cash flow to equity (FCFE) and free cash flow to the firm (FCFF) is:
. p/ N) Q4 s' G# ~; s2 FA)earnings before interest and taxes (EBIT) less taxes.
# i9 f5 a& D6 n2 C# aB)after-tax interest and net borrowing.
' d7 Y2 |+ H# k. a6 u! QC)before-tax interest and net borrowing.3 U7 }6 ]4 f" x! \
D)capital expenditures.
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Question：44
- B* V- Y0 c3 m1 v {9 w0 Q! RGood 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?
9 s! ^$ m6 w3 r' Z: c& T- YA)0.67.( L; k+ Z g; _! W$ f: f0 A
B)150.00.8 [; o7 @4 [' g% \3 |
C)6.67.) P. r7 U$ {: V1 F9 O2 o. v, Z
D)1.50.
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' d( r; U/ L' R3 {# gQuestion：45
3 J d% ^0 \' |. l4 [A method commonly used to normalize earnings is the method of:
' }3 [1 D5 ~( R8 H1 J0 `6 n" WA)average return on assets.
4 u2 |. ?* Y1 y; {# t! R0 f8 }B)historical average earnings per share (EPS).4 `0 w5 n" j( E" s3 c
C)comparables.& J8 U. o3 h7 n7 } u
D)forecasted fundamentals.
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发表于 2015-7-16 14:07:08
楼主
发表于 2015-7-22 09:26:11
