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

Kakashi_8

Question：41
" v: t: b8 |: }. ^3 uThere 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:
/ F: t8 q9 e" aA)product segmentation.
B)ease of entry into the industry.
6 R* x" w  Y9 p+ `: K. |5 XC)degree of industry concentration.
D)product demographics.
' ^6 L3 w/ V) v8 z! z- o  \" z, g
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?
2 _; {3 r9 M* k6 RA)$39.47.
B)unable to determine value using Gordon model.
! P; ?5 x4 [( J2 I3 k" {- zC)$53.32.
D)$58.24.

( P9 v4 j3 n0 Q/ _
' b4 G# l0 |* [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.
B)after-tax interest and net borrowing.
; d# Q7 N! t( E  b( J( FC)before-tax interest and net borrowing.
# b! C' ~- _+ y7 [5 ~; K; s, U! x) oD)capital expenditures.
8 _/ F5 i3 _+ B1 O, I* l
Question：44
# y" t* I. N; zGood 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?
7 C1 x) @, j# V; @8 u" SA)0.67.
3 @) G4 }8 I5 T" Z: P2 \' yB)150.00.
3 c/ x4 r5 l+ k, XC)6.67.
7 M( i5 v' ^9 WD)1.50.

Question：45
A 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.
* L& M, d8 U0 a, _' z/ [( x
% T2 V4 C& i4 k- N1 D$ B
! b+ Y+ T, u" g6 r6 Z6 Q
* p& c" V& o- K  A

Kakashi_8

答案和解答详解如下：

. T1 d3 x: P+ m

游客，如果您要查看本帖隐藏内容请回复

! o% A9 A! G7 K& O0 d2 V

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！