Q1. When estimating the net profits for a stock market series, which of the following would be related to the sales level? A) Depreciation. B) Interest Expense. C) EBITDA.
Q2. Which of the following methods would provide the most stable estimate of net profits for a stock market series? A) Estimate net profit margins based on recent trends. B) Estimate the operating profit margin and then subtract out estimated depreciation, amortization, interest, and taxes. C) Use a time series regression to estimate the net profits before tax profit margin and then subtract out taxes.
Q3. When estimating the earnings before depreciation, amortization, interest, and taxes (EBITDA) for a stock market series, which of the following has NOT been verified empirically to result in lower profits? A) Higher inflation. B) Higher import levels. C) Lower capacity utilization.
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发表于 2009-1-7 10:18
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