[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:
' x$ }0 g8 q* }4 v# {7 S9 ^A)product segmentation.
  ~0 v' p3 F" O( o' }B)ease of entry into the industry.
5 s7 ?# d" S, P" `% Z3 |( qC)degree of industry concentration.
D)product demographics.

Question：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.
: A5 r4 l+ Z% Z: J- B4 s- C5 SC)$53.32.
, }( K* C& j) M( @D)$58.24.


% G2 h4 r: X/ _Question：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.
# _$ Y4 @0 _" e' H, V! r+ oB)after-tax interest and net borrowing.
- d4 T8 e' j" I0 c0 BC)before-tax interest and net borrowing.
D)capital expenditures.
( F+ H" u& Z* C, r
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?
. F# f) g: |! ]1 n( U" h# \  RA)0.67.
B)150.00.
/ }! A' i; A) j% g. bC)6.67.
* |' c/ q. X* {* D/ S# i; ]( uD)1.50.
9 z- `3 _- y5 U5 T( t$ p8 h/ \
( n1 |/ e2 n' l% A  D/ n' rQuestion：45
A method commonly used to normalize earnings is the method of:
A)average return on assets.
4 q. ]) L, O, p6 c% M& YB)historical average earnings per share (EPS).
C)comparables.
6 E4 Y/ J  G4 O: Y! w: |D)forecasted fundamentals.
. y! e1 u3 Z/ o2 L2 Q6 t) `# p- U

( `; W  y  P* j* n8 A

Kakashi_8

答案和解答详解如下：
8 N$ X6 x0 H( E$ V

游客，如果您要查看本帖隐藏内容请回复

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！