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Question：41 : L% i4 g' c. [
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:
( D: {9 l. Z2 @- u3 E$ LA)product segmentation.7 O, y2 U. y) P/ O G2 K8 S9 Q6 l
B)ease of entry into the industry.2 }; U. C: R8 m" _2 C: k5 `" ^5 i
C)degree of industry concentration.
: K6 R, G2 w2 u8 m2 N) uD)product demographics.6 K1 M" C4 K, c* {. r+ j1 T6 \5 R
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Question：42 * Q2 `4 j7 n( l; [8 k9 M. p+ Q" v
Jax, Inc., pays a current dividend of $0.52 and is projected to grow at 12 percent. If the required rate of return is 11 percent, what is the current value based on the Gordon growth model?
/ J* x- c* x. K8 c$ OA)$39.47.* ?) J$ @+ s# }+ ~- Y
B)unable to determine value using Gordon model.) _# t4 L, h' x
C)$53.32.
) C: @1 k# M* _# X- k% DD)$58.24.
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8 E0 R/ I. Q) d6 ]$ k. lQuestion：43 " }2 W* l' v+ U8 o
The difference between free cash flow to equity (FCFE) and free cash flow to the firm (FCFF) is:4 @: p2 L( Q# L$ Z! `5 W# M
A)earnings before interest and taxes (EBIT) less taxes.6 S) B& L5 E U) {* f. W1 }
B)after-tax interest and net borrowing.2 }( y0 ^+ A) G( c
C)before-tax interest and net borrowing.# T: Z5 {) I: A+ ^% _
D)capital expenditures.5 K1 n) Z) @3 ~6 b" R% N
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Question：443 M4 w$ t2 v. _" G! U
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?0 \" K u* D; {0 }% x
A)0.67.
; A6 G# A& W( q2 n! v% {B)150.00.
! _5 W& b, F4 n; Z# aC)6.67.( N/ _: z7 m9 g7 g% i D
D)1.50.
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5 J- o4 [3 F* ~" CQuestion：45
+ S3 O: F7 O3 W1 _ n6 tA method commonly used to normalize earnings is the method of:
8 i6 I" s* ?/ W9 N* dA)average return on assets.
* S8 }$ u* f4 ?2 p0 h& I* w- t! kB)historical average earnings per share (EPS).6 U3 Y! b' F/ c" ?4 z' L
C)comparables.: s$ H/ q$ X# F: \4 Y A5 Y
D)forecasted fundamentals., n8 L0 r8 L. N% Z7 l( }
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发表于 2015-7-16 14:07:08
楼主
发表于 2015-7-22 09:26:11
