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

Kakashi_8

Question：41
! F! o+ s' i) ]  mThere 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:
" Z& U# J( z1 G: s4 s4 jA)product segmentation.
B)ease of entry into the industry.
. [* n4 [0 H7 v4 VC)degree of industry concentration.
D)product demographics.
7 G, L% z7 {+ g3 d
- K/ C9 C5 T& s3 K+ q9 l7 F, vQuestion：42
3 a! v) W. C; i1 oJax, 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?
% l7 I: K% v  a. ~1 z" JA)$39.47.
& O: g0 u% C2 V# M1 [% ?7 o/ \B)unable to determine value using Gordon model.
C)$53.32.
9 K: c: L; Q' l+ m  P) ~0 XD)$58.24.


Question：43
The difference between free cash flow to equity (FCFE) and free cash flow to the firm (FCFF) is:
$ t/ ^$ {3 P$ L; G. `+ NA)earnings before interest and taxes (EBIT) less taxes.
/ V9 S$ n, _/ Q" c) DB)after-tax interest and net borrowing.
C)before-tax interest and net borrowing.
9 H' O, V0 R% {/ f8 F2 l0 o: |D)capital expenditures.
: U7 v0 l# d, c3 F9 c8 {
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?
A)0.67.
$ `. W+ d7 l" BB)150.00.
C)6.67.
: u! m9 y! V: I) |. C3 a! S" [! M% GD)1.50.

Question：45
A method commonly used to normalize earnings is the method of:
3 U" |# w4 J+ a0 P1 |6 C! pA)average return on assets.
7 T- x; G- l$ [1 Q9 u4 aB)historical average earnings per share (EPS).
C)comparables.
1 n1 J4 Y. {% O( g; S9 a2 G/ |D)forecasted fundamentals.

! k- Y9 }$ ]0 H3 A2 V9 X5 r, \

$ s" o+ _! F1 P

Kakashi_8

答案和解答详解如下：
, p5 P& O) \1 ]2 Y, i/ n
* y) _# n. w7 D# ?) h

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！