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

Kakashi_8

Question：41
) ^* V2 L6 [+ A5 m, H; Q7 wThere 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:
# i: A+ s3 X  PA)product segmentation.
2 q' L, Y" y' vB)ease of entry into the industry.
, u3 k. w- N2 N' J7 j0 [C)degree of industry concentration.
D)product demographics.

2 J# g# v# {9 o* B! BQuestion：42
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?
( `. S1 a  Z, [! UA)$39.47.
6 u& b, T, }- @9 }9 k. D" \3 OB)unable to determine value using Gordon model.
C)$53.32.
D)$58.24.


Question：43
The difference between free cash flow to equity (FCFE) and free cash flow to the firm (FCFF) is:
- s/ k+ n0 y9 c% w  SA)earnings before interest and taxes (EBIT) less taxes.
6 J* T) o* f  D: j1 ZB)after-tax interest and net borrowing.
) x8 Q1 A0 g5 A) |: eC)before-tax interest and net borrowing.
. u4 h1 f+ X/ m; u& Y' dD)capital expenditures.
# h; E' v: h# d- @1 ?5 k
Question：44
) t! ^5 l' f" w9 ~* _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?
! I' L7 R& ]$ E# t% ]5 l/ {A)0.67.
2 O% n, |% q8 V$ jB)150.00.
0 h! l: F1 I4 n% ^2 DC)6.67.
D)1.50.

1 U" V- ]7 J% R) C, T- x3 ^! V4 P7 AQuestion：45
" \" e6 n! P- U6 d: xA method commonly used to normalize earnings is the method of:
A)average return on assets.
B)historical average earnings per share (EPS).
C)comparables.
D)forecasted fundamentals.



$ D2 k2 ^0 Q* T" L) H

Kakashi_8

答案和解答详解如下：

, r* ?  j+ P3 j0 c0 e- O" r

游客，如果您要查看本帖隐藏内容请回复

9 l: N# J' I; |3 q" s
- Q; W6 F9 y% l# l$ W$ L

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！