[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:
A)product segmentation.
B)ease of entry into the industry.
C)degree of industry concentration.
D)product demographics.

Question：42
! t7 l! v  ^7 eJax, 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.
. O  j& \  U0 A; Y" w4 K8 k) A+ _B)unable to determine value using Gordon model.
" s, V/ @3 a9 E& ~C)$53.32.
+ l4 _  X& T1 lD)$58.24.

; m: Q" `  B! }2 k+ c/ A6 I
$ O" d' _- X8 e* e+ C' Q* zQuestion：43
The 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.
B)after-tax interest and net borrowing.
C)before-tax interest and net borrowing.
! c. T- O- x( I) h8 p" S2 N! zD)capital expenditures.

6 q* A) t  Y% h( @Question：44
/ t5 G3 E* `; K( }* t# ~+ kGood 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.
5 ~8 l, L/ r3 ]C)6.67.
7 j; `# \  Q+ l2 `6 uD)1.50.

Question：45
  N7 e, {  L. c; Z: @! Q1 g" WA method commonly used to normalize earnings is the method of:
' q8 j0 i4 P% |1 B2 b8 d$ FA)average return on assets.
+ S% Y  e8 @7 A" R, Z6 yB)historical average earnings per share (EPS).
C)comparables.
# U7 @4 g) I3 H% T6 n/ \D)forecasted fundamentals.
8 x7 H) U* L- P/ N" Z& V$ V. b# x
9 W8 j) @. M: J2 Z. ?( |$ m

Kakashi_8

答案和解答详解如下：

游客，如果您要查看本帖隐藏内容请回复

- V- _; i9 }; i+ _5 S  v
( r3 T% _/ d8 Q& ^3 l, G! ?: }4 B

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！