更多"[简答题] Equity represents an ownershi"的相关试题:
[单选题]Shareholders' equity:
A. is referred to as a firm's financial leverage.
B. is equal to total assets plus total liabilities.
C. decreases whenever new shares of stock are issued.
D. includes patents, preferred stock, and common stock.
E. represents the residual value of a firm.
Difficulty: 1 Easy
Topic: Balance sheet
Learning Objective: 02-01 Describe the difference between accounting value (or "book" value. and market value.
[单选题] Growing-equity mortgages (GEMs.
A. help the borrower pay off the loan in a shorter time.
B. have such low payments in the first few years that the principal balance increases.
C. offer borrowers payments that are initially lower than the payments on a conventional mortgage.
D. do all of the above.
E. do only A and B of the above.
[简答题] Within the broad universe of private equity sectors, the two most common are venture funds and capital buyouts.
[简答题] About half of new equity issues are preferred stock.
[简答题] An additional perk of a private equity firm is that the profits for both CEOs and the partners are taxed at the 15% capital gains rate rather than the 35% rate they would suffer if the income was received as income.
[单选题] Long-term debt and equity instruments are traded in the ________ market.
A. primary
B. secondary
C. capital
D. money
[单选题] Retired people can live on the equity they have in their homes by using a
A. GEM.
B. GPM.
C. SAM.
D. RAM.
[单选题] Equity funds can be placed in which class according to the Investment Company Institute?
A. Capital appreciation funds
B. World funds
C. Total return funds
D. All of the above
[简答题] In a typical private equity buyout, a partnership is formed and private equity investors are contacted to pledge participation.
[单选题]
A government that represents the will of the people will not let the country __________.
A.
descend into chaos.
B.
descending into chaos
C.
descended into chaos
D.
descends into chaos.
[单选题]Which one of the following represents the most liquid asset?
A. $100 account receivable that is discounted and collected for $96 today
B. $100 of inventory that is sold today on credit for $103
C. $100 of inventory that is discounted and sold for $97 cash today
D. $100 of inventory that is sold today for $100 cash
E. $100 of accounts receivable that will be collected in full next week
Difficulty: 1 Easy
Topic: Liquidity
Learning Objective: 02-01 Describe the difference between accounting value (or "book" value. and market value.
[单选题]Which one of the following represents the capital gains yield as used in the dividend growth model?
A. D1
B. D1/P0
C. P0
D. g
E. g/P0
Difficulty: 1 Easy
Topic: Constant-growth stock
Learning Objective: 08-01 Explain how stock prices depend on future dividends and dividend growth.
[单选题]A company's overall cost of equity is:
A. generally less than its WACC given a debt-equity ratio of .5.
B. unaffected by changes in the market risk premium.
C. directly related to the risk level of the firm.
D. generally less than the firm's aftertax cost of debt.
E. inversely related to changes in the level of inflation.
Difficulty: 1 Easy
Topic: Cost of equity
Learning Objective: 14-01 Determine a firm's cost of equity capital.
[单选题] A share of common stock in a firm represents an ownership interest in that firm and allows stockholders to
A. vote.
B. receive dividends.
C. receive interest payments.
D. only A and B of the above.
[简答题] Junk bonds are high-risk, high-return equity securities that were used primarily to finance takeover attempts.
[单选题]The cost of equity for a company with a debt-equity ratio of .41:
A. tends to remain static even as the company's level of risk increases.
B. increases as the unsystematic risk of the company's stock increases.
C. is affected by either a change in the company's beta or its projected rate of growth.
D. equals the risk-free rate plus the market risk premium.
E. equals the company's pretax weighted average cost of capital.
Difficulty: 1 Easy
Topic: Cost of equity
Learning Objective: 14-01 Determine a firm's cost of equity capital.
[单选题]Assume Russo's has a debt-equity ratio of .4 and uses the capital asset pricing model to determine its cost of equity. As a result, the company's cost of equity:
A. is affected by the firm's rate of growth projections.
B. implies that the firm pays out all of its earnings to its shareholders.
C. is dependent upon a reliable estimate of the market risk premium.
D. would be unaffected if the dividend discount model were applied instead.
E. will be unaffected by changes in overall market risks.
Difficulty: 1 Easy
Topic: Cost of equity
Learning Objective: 14-01 Determine a firm's cost of equity capital.
[单选题] Typically, increasing interest rates
A. discourages individuals from saving.
B. discourages corporate investments.
C. encourages corporate expansion.
D. encourages corporate borrowing.
E. none of the above.
[简答题] Mortgage interest rates loosely track interest rates on three-month Treasury bills.
