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Question：41 1 T) d' A! |. a" M2 J; F. p
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:
0 c: O. V" ?' Z$ qA)product segmentation.
/ k2 Y* v+ @: z9 L! l* ?, n0 a* oB)ease of entry into the industry.
9 V- E: q$ W7 ^: T k$ P1 rC)degree of industry concentration./ L- Y9 |+ X+ ~2 p
D)product demographics.
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. _4 v6 g4 F2 V* ]1 L. X; M) v% k' w( h' ?Question：42 ! o @, F: C0 T$ \
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?1 I! F0 R- F% o ?0 M/ l
A)$39.47.$ x4 }1 y! l$ a' @6 ?8 Z
B)unable to determine value using Gordon model.2 a. a. y+ {; W% a
C)$53.32.2 ?+ |! V$ _8 p
D)$58.24.
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Question：43
- z' a. Q6 w& b2 C. e; t% i. fThe difference between free cash flow to equity (FCFE) and free cash flow to the firm (FCFF) is:5 |' s" j2 N" { A# X
A)earnings before interest and taxes (EBIT) less taxes.
! Z+ q" W! z% i+ mB)after-tax interest and net borrowing.
$ K' w# J0 K5 s7 u5 GC)before-tax interest and net borrowing.
! |1 D% ?; q4 |' A/ b, tD)capital expenditures.. J$ l9 @" A+ P
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Question：44
* N, R3 J( g' w( u( F4 s* VGood 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?
. d2 c8 Z( s8 r! n& h! UA)0.67.$ Z- p( X4 f% d6 v
B)150.00.
- S2 v( N+ Q- k8 G' j2 \C)6.67.! s9 [0 c; \" _+ r* O4 O
D)1.50.
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4 w' N' e) o2 T1 R- y/ E; @. J' P0 OQuestion：45
/ q4 U' [: o( X; e0 y/ h- Q OA method commonly used to normalize earnings is the method of:6 M' ^ F% u/ L% H
A)average return on assets.( K$ S; i6 E" F! m4 R, I* ?
B)historical average earnings per share (EPS).- j' ~ q* E0 r
C)comparables.2 q/ J/ B3 |- M+ B
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
