[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.
( L0 K% j4 i( B) c3 K& I% q# n
# X/ W2 b# n5 x0 a% E% w) aQuestion：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?
, l! y; e( N5 N7 u4 z' g8 yA)$39.47.
B)unable to determine value using Gordon model.
. s0 n& E+ m( n; HC)$53.32.
5 v( D2 z5 I; ~$ gD)$58.24.
5 l8 b( |; o2 R4 s3 j& B

+ O, q0 ?8 ]+ f6 nQuestion：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.
+ \& |1 u: Z) [3 J$ g" S3 iC)before-tax interest and net borrowing.
" L( x+ a' D6 _+ n+ PD)capital expenditures.

Question：44
5 ~$ {7 K, J- R" Q: yGood 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?
# [: z: U* ?' v" l( xA)0.67.
: U6 a& g$ F+ S* Y# A' kB)150.00.
C)6.67.
D)1.50.
3 P+ z8 m* I0 q( |: K1 o
. t. ^5 [  L1 }/ y& y4 u6 eQuestion：45
A method commonly used to normalize earnings is the method of:
- i4 x: ?: Z- H& KA)average return on assets.
B)historical average earnings per share (EPS).
% t0 _0 e) x1 G( ?; Z0 H  K2 w( EC)comparables.
D)forecasted fundamentals.
, S) c' V6 p. A8 g) z* L) \% w
) d% J% M. |; C! s! T/ _3 |
; q/ {! n' S: m2 ]  {2 p

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

% d: l& k& w" H' 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！