86、In a country that is experiencing neoclassical growth with increasing savings rate, investors can expect which of the following: | higher dividends? | higher dividend growth? | A. | No | No | B. | No | Yes | C. | Yes | No | D. | Yes | Yes |
Select exactly 1 answer(s) from the following:
A. AnswerA. B. AnswerB. C. AnswerC. D. AnswerD.
87、Which of the following is the least likely characteristic of a call market? A call market is a: Select exactly 1 answer(s) from the following:
A. primary market. B. secondary market. C. market with participation by a small number of active investors-traders. D. market in which buy-sell orders are cleared at a single equilibrium price.
88、In computing free cash flow to equity, adjustment is needed for payments made to which of the following capital providers? | Debt holders | Preferred stockholders | A. | No | No | B. | No | Yes | C. | Yes | No | D. | Yes | Yes |
Select exactly 1 answer(s) from the following:
A. AnswerA. B. AnswerB. C. AnswerC. D. AnswerD.
89、An equity investment in a producer firm would be more attractive at what levels of the bargaining power of buyers and suppliers, respectively? | Bargaining power of buyers | Bargaining power of suppliers | A. | Low | Low | B. | Low | High | C. | High | Low | D. | High | High |
Select exactly 1 answer(s) from the following:
A. AnswerA. B. AnswerB. C. AnswerC. D. AnswerD.
90、The latest annual report of Waterford Crossing Inc. contains the following data: Common stock $0.50 par value – Issued (2,000,000 shares) | $1,000,000 | Additional paid-in-capital | $10,000,000 | Retained earnings | $4,000,000 | Treasury stock (500,000 shares) | $5,000,000 | Current price per share | $15 |
The company's ending inventories based on LIFO are valued at $500,000 and a footnote to financial statements reports inventories valued using FIFO basis would be $600,000. The company's tax rate is 30%. The un-adjusted and adjusted price-to-book values of Waterford Crossing, respectively, are closest to: | Unadjusted P/BV | Adjusted P/BV | A. | $1.88 | $1.81 | B. | $1.88 | $1.94 | C. | $2.25 | $2.10 | D. | $2.25 | $2.42 |
Select exactly 1 answer(s) from the following:
A. AnswerA. B. AnswerB. C. AnswerC. D. AnswerD.
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发表于 2008-11-6 14:35
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