更多"An analyst gathers the following in"的相关试题:
[单项选择]An analyst gathers the following information about Sunshine Industry and its common stock:
| Common annual dividend per share (D0) | $3.50 |
| Growth rate of dividends | 7% |
| Required rate of return on the stock | 16% |
Using the Gordon growth model, the value of Sunshine's common stock is closest to:（）
A. $23.41
B. $38.89
C. $41.61
[单项选择]An analyst gathers the following information from a company's balance sheet (in millions):
| 31 December 2011 | 31 December 2010 |
| Cash and marketable securities | $66 | $60 |
| Receivables | $22 | $20 |
| Current assets | $132 | $120 |
| Total assets | $1498 | $1345 |
| Current liabilities | $242 | $220 |
| Total liabilities | $1189 | $987 |
Based on the information, the company's liquidity ratios at the end of 2011 have:（）
A. decreased since the end of 2010.
B. remained the same since the end of 2010.
C. increased since the end of 2010.
[单项选择]An analyst gathers the information about a short-term discount security. The face value of the security is $1000000, the purchase price is $980000, and the days to maturity is 66 days. The security's money market yield is closest to:（）
A. 10.91%
B. 11.13%
C. 11.29%
[单项选择]An pharmaceutical industry analyst gathers the following information about a company during 2011. The net income is $23000. The total assets are $140000 on January 1, 2011. The total assets are $180000 on 31 December, 2011. The cash dividends paid on common stock this year are $8000, and the financial leverage is 2.5. The company's sustainable growth rate is closest to:（）
A. 9.4%
B. 20.8%
C. 23.4%
[单项选择]An analyst does research about beta and gathers the following information about an asset and the market portfolio:
| Standard deviation of the market portfolio's return | 55% |
| Standard deviation of the asset's return | 78% |
| Correlation between returns of the asset and the market portfolio | 0.75 |
The beta of the asset is closest to:（）
A. 0.53
B. 1.06
C. 1.89
[单项选择]An analyst gathered the following data about a company: The company had 1 million shares of common stock outstanding for the entire year. The company’s beginning stock price was $ 50, its ending price was $ 70, and its average price is $ 60. The company has 100000 warrants outstanding for the entire year. Each warrant allowed the holder to buy one share of common stock at $ 50 per share. How many shares of common stock should the company use in computing its diluted earnings per share（）
A. 1100000.
B. 1016667.
C. 1083333.
[单项选择]An analyst gathered the following data about a depreciating asset: The company acquired the asset for $ 8000. The asset has a 4-year Useful life and no salvage value. The asset WILL generate $ 5000 a year. The company’s tax rate is 40%. For tax purposes, the asset can be depreciated (straight line) over two years. For financial accounting purposes the asset is depreciated (straight line) over four years. Assuming a constant tax rate, what is the deferred tax liability at the end of the second year（）
A. $1600.
B. $ 400.
C. $ 800.
[单项选择]An analyst doesresearch about security market indices. Which of the following statements is least accurate to explain that a fixed-income market index is more difficult to create and compute than a stock market index（）
A. The universe of fixed-income securities is changing constantly.
B. Fixed-income markets are predominantly dealer markets.
C. The number of fixed-income securities is much less than the number of equity securities.
[单项选择]The owner of a firm gathers some information about her business. This year the firm's revenue is $300000. Cash expenses are $170000. Normal profit is $70000. Economic depreciation is $20000. If the owner could have earned $30000 per year in wages working for another company, the firm's economic profit is closest to:（）
A. $10000
B. $30000
C. $60000
[单项选择]An analyst gathered the following information for a company:
Risk-free rate = 6.75%
Expected market return = 15.00%
Beta = 1.30
Dividend payout ratio = 55%
Profit margin = 10.0%
Total asset turnover = 0.75
Assets to equity ratio = 2.00
What is the firm's sustainable growth rate（）
A. Tax rate needed to determine answer.
B. 6.75%.
C. 15.00%.
[单项选择]An analyst gathered the following information about a common stock:
| Annual dividend per share | $2.10 |
| Risk-free rate of return | 7% |
| Risk premium for the stock | 45 |
If the stock's annual dividend is expected to remain at $2.10, the value of the stock is closest to :（ ）
A. $19.09.
B. $20.00.
C. $32.40.
