更多"An analyst does research about comm"的相关试题:
[单项选择]An analyst does research about common probability distribution and estimates an asset turnover ratio will range from 1.7 to 2.4. If the ratio follows continuous uniform distribution, the probability the company's asset turnover ratio will be less than 2.1 is closest to:
A. 43.9%
B. 57.1%
C. 70.0%
[单项选择]An analyst does research about the treasury stock method and gathers the following information about a company for 2011:
·Net income is $1360000
·Dividends paid on stocks is $80000
·Average number of shares outstanding is 400000
·Number of options outstanding is 15000
·Average price of common stocks during the year is $25
·Exercise price of option is $15
There are no other potentially diluted securities outstanding. The company's diluted earnings per share in 2011 using the treasury stock method under U. S. GAAP is closest to:（）
A. $3.28
B. $3.33
C. $3.35
[单项选择]An analyst does research about moneyness of stock options. With respect to stock options, the potential for an infinite loss exists for an investor who:（）
A. sells a put option.
B. buys a put option.
C. sells a call option.
[单项选择]An analyst does research about common-size financial statements and develops the appropriate common-size financial statements to analyze trends over time for a company. Information selected from those common-size statements follows:
| 2008 | 2009 | 2010 | 2011 |
Stated as a percentage of assets
for each year: Inventory | 8% | 8% | 7% | 7% |
|
Stated as a percentage of sales for
each year: Cost of goods sold | 46% | 42% | 36% | 34% |
|
| Earnings before interest and taxes | 15% | 18% | 20% | 25% |
| Interest expense | 6% | 7% | 7% | 8% |
Which of the following conclu
A. increase in the interest coverage ratio.
B. decrease in the interest coverage ratio.
C. decrease in the inventory turnover ratio.
[单项选择]An analyst does research about the stock of TNK Industry. For TNK Industry with a price of 27 at the beginning of the period and 30 at the end of the period, the continuously compounded rate of return of TNK Industry is closest to:（）
A. 9.53%
B. 10.54%
C. 11.11%
[单项选择]An analyst does research about cost of common equity. With respect to calculating the cost of equity using the bond yield plus risk premium approach, which of the following statements about the risk premium is least accurate（）
A. The risk premium compensates for the additional risk of equity compared with debt.
B. We often estimate the risk premium using historical spreads between bond yields and stock yields.
C. In developed country markets, a typical risk premium added is in the range of 2 to 4 percent.
[单项选择]An analyst does research about portfolio management. Which of the following statements is Least accurate when an investor diversifies a portfolio（）
A. Systematic risk is eliminated.
B. The variance of the portfolio declines.
C. The portfolio will have a higher correlation with the market portfolio.
[单项选择]An analyst does research about hypothesis testing and conducts a significance test to determine if the relationship between two variables is real or the result of chance. His null hypothesis is that the population correlation coefficient is equal to zero and his alternative hypothesis is that the population correlation coefficient is different from zero. He develops the following information:
| Value of the test statistic | 1.7081 |
| Critical value at the 0.05 significance level | 1.96 |
| Critical value at the 0.01 significance level | 2.58 |
The analyst conducts a:（）
A. one-tailed test and can reject his null hypothesis.
B. two-tailed test and can reject his null hypothesis.
C. two-tailed test and can not reject his null hypothesis.
[单项选择]An analyst does research about revenue recognition. Which of the following criteria is not required for the recognition of revenue from the sale of goods under U. S. Generally Accepted Accounting Principles (U. S. GAAP) （）
A. There is evidence of an arrangement between buyer and seller.
B. The seller is reasonable sure of collecting money.
C. The amount of revenue can be measured reliably.
[单项选择]An analyst does research about sustainable growth rate and gathers the following information about a company for 2011:
·Net income is $2 000 000
·Common dividends paid is $900000
·Average assets is $12000000
·Average liabilities is $3500000
The company's sustainable growth rate is closest to:（）
A. 9.17%
B. 10.59%
C. 12.94%
[单项选择]An analyst does research about dividend distribution. All else being equal, the payment of a cash dividend most likely results in a decrease in the company's:
A. retained eamings.
B. debt-equity ratio.
C. debt-assets ratio.
[单项选择]An analyst does research about installment method and gathers the following information about a selling property:
·Carrying value is $200 million
·Sales price is $240 million
·Cash down payment is $80 million
The balance of the sales price will be received over a 6-year period and the company uses the installment method. The profit recognized from the down payment is closest to:（）
A. ￥8.8 million.
B. ￥13.3 million.
C. ￥66.7 million.
[单项选择]An analyst does research about collateralized mortgage obligation (CMO). Which of the following statements is least accurate with respect to motivation for creating a collateralized mortgage obligation（）
A. A collateralized mortgage obligation appeals to a wider audience and decrease overall borrowing costs.
B. A collateralized mortgage obligation creates securities with various maturity ranges.
C. A collateralized mortgage obligation redistributes the prepayment risk pro rata among investors.
[单项选择]An analyst does research about difference between an option-free bond and a callable bond. Compared to an otherwise identical option-free bond, a callable bond is least likely to have:（）
A. a more uncertain cash flow pattem.
B. less price appreciation potential as interest rates fall.
C. more price depreciation potential as interest rates rise.
[单项选择]An analyst does research about breakeven quantity of sales and gathers the following information about a company:
| Number of units sold | 3.2 million |
| Sales price per unit | $350 |
| Variable cost per unit | $150 |
| Fixed operating cost | $450 million |
| Fixed financing cost | $125 million |
The company's breakeven point is closest to:（）
A. 1625000 units.
B. 2250000 units.
C. 2875000 units.
