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

Kakashi_8

Question：41
4 E1 |* P( t; `5 iThere 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:
+ Y8 b  s- j3 x! H9 uA)product segmentation.
: ?9 {3 ?' ?2 Q" C0 `B)ease of entry into the industry.
C)degree of industry concentration.
D)product demographics.
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7 E9 t' K) T3 cQuestion：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?
A)$39.47.
B)unable to determine value using Gordon model.
C)$53.32.
) p6 x: q) Z3 t% P+ e" gD)$58.24.
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) `# Y* V9 ?# M& ^8 S4 EQuestion：43
The difference between free cash flow to equity (FCFE) and free cash flow to the firm (FCFF) is:
! f; \! U% K' BA)earnings before interest and taxes (EBIT) less taxes.
B)after-tax interest and net borrowing.
$ d1 c1 Y. n# N" xC)before-tax interest and net borrowing.
D)capital expenditures.

Question：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.
. Z, T: U4 L& a# CB)150.00.
C)6.67.
5 Z. U! U" e% LD)1.50.
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Question：45
A method commonly used to normalize earnings is the method of:
A)average return on assets.
! h" I8 r0 r) \4 M" C2 g6 hB)historical average earnings per share (EPS).
C)comparables.
, }* g( H! f/ VD)forecasted fundamentals.
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Kakashi_8

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