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188宝金博页面版: 投资学精要13

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内容提示: 131.The accounting measure of a firm's equity value generated by applying accounting principles to asset and liability acquisitions is called ________. A. book valueB. market valueC. liquidation valueD. Tobin's q 2.The price-to-sales ratio is probably most useful for firms in which phase of the industry life cycle? A. Start up phaseB. ConsolidationC. MaturityD. Relative decline 3.If a firm increases its plowback ratio this will probably result in a(n) _______ P/E ratio. A. higherB. lowerC. u...

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131.The accounting measure of a firm's equity value generated by applying accounting principles to asset and liability acquisitions is called ________. A. book valueB. market valueC. liquidation valueD. Tobin's q 2.The price-to-sales ratio is probably most useful for firms in which phase of the industry life cycle? A. Start up phaseB. ConsolidationC. MaturityD. Relative decline 3.If a firm increases its plowback ratio this will probably result in a(n) _______ P/E ratio. A. higherB. lowerC. unchangedD. unable to determine 4.The value of internet companies is based primarily on _____. A. current profitsB. Tobin's qC. growth opportunitiesD. replacement cost 5.New-economy companies generally have higher _______ than old-economy companies. A. book value per shareB. P/E multiplesC. profitsD. asset values 6.P/E ratios tend to be _______ when inflation is ______. A. higher; higherB. lower; lowerC. higher; lowerD. they are unrelated 7.Which one of the following statements about market and book value is correct? A. All firms sell at a market to book ratio above 1.B. All firms sell at a market to book ratio greater than or equal to 1.C. All firms sell at a market to book ratio below 1.D. Most firms have a market to book ratio above 1, but not all.

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