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标题: [CFA模拟真题] 2006 CFA Level I －NO102 [打印本页]

作者: cfaedu 时间: 2006-11-22 11:05 标题: [CFA模拟真题] 每天一练：2006 CFA Level I －NO102

42．Is the price to book value multiple most likely to be a meaningful indicator of value for companies that:

	report negative earnings?	are expected to discontinue operations?
A	No	No
B	No	Yes
C	Yes	No
D	Yes	Yes

Select exactly 1 answers from the following: A. B. C. D.
答案和详解如下！
Feedback: Correct answer: D

2006 CFA Level I Program Readings, 揑ntroduction to Price Multiples,?John D. Stowe, Thomas R. Robinson, Jerald E. Pinto, and Dennis W. McLeavey (AIMR, 2003), pp. 365

2006 Modular Level I, Vol. III, pp. 647

Study Session 13-61-a, b

discuss the rationales for the use of price to earnings (P/E), price to book value (P/BV), price to sales (P/S), and price to cash flow (P/CF) in equity valuation and discuss the possible drawbacks to the use of each price multiple

calculate and interpret P/E, P/BV, P/S, and P/CF

Price to book value multiples are particularly useful when a company has negative earnings and are also used in valuation of companies that are not expected to continue as a going concern. Book value is more stable than earnings and is less likely to be negative.

作者: kristinejb 时间: 2006-11-25 23:12

[em01]

作者: Jane246 时间: 2007-9-12 15:49

thx

作者: slava_xu 时间: 2007-9-13 15:55

b

作者: gxing 时间: 2007-9-13 22:53

[em01]a

作者: xfh1978 时间: 2007-9-14 15:19

b

作者: 路西菲尔 时间: 2007-9-28 14:22

[em01]

作者: BeyondCFA 时间: 2007-11-23 05:02

c

作者: pwmho 时间: 2008-1-6 10:46

TY

作者: fionzheng 时间: 2008-4-16 11:10

d

作者: coolguy889 时间: 2008-5-18 15:44

[em01]

作者: robinlu 时间: 2008-5-20 14:22

a

作者: elliderek 时间: 2008-9-9 10:14

3

作者: carol333 时间: 2008-11-5 23:01

d

作者: billy1130 时间: 2008-11-17 23:52

d

作者: kqr2009 时间: 2008-11-20 10:48

[em01]

作者: fightershi 时间: 2008-11-28 15:40

d

作者: genCFA 时间: 2008-11-29 06:16

[em03]

作者: 蓝天心语 时间: 2008-11-29 17:39

thanks c

作者: usendoh 时间: 2008-12-2 20:39

b

作者: zmmengxue 时间: 2008-12-5 09:17

d

作者: natelee 时间: 2009-11-10 15:50

321

作者: jeffliu123456 时间: 2009-11-13 19:34

c

作者: blah 时间: 2010-6-29 17:02

d

作者: katie0917 时间: 2010-7-17 20:12

thanks                            

作者: 叮叮当当 时间: 2010-7-19 21:38

作者: lgorlc 时间: 2010-7-21 17:06

看看，谢谢楼主

作者: zhurenjie 时间: 2010-8-4 14:09

d

作者: gamegto 时间: 2010-9-20 15:04

e

作者: qinxue12 时间: 2010-10-23 11:30 标题: b

b

作者: jennydee 时间: 2010-10-23 11:41

现在很需要做题

作者: laijiaf 时间: 2010-10-24 01:06

 thanks

作者: brightnose911 时间: 2010-10-28 08:49

c

作者: duyiwen1984 时间: 2011-4-29 18:03

4

作者: chenxin428 时间: 2011-5-12 14:19

thanks !

作者: browndog 时间: 2011-6-2 11:11

d

作者: fungck 时间: 2011-6-3 23:51

 D

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