تكلم مع الذكاء الاصطناعي
Deck 22: Valuation and Financial Modelling: a Case Study
ملء الشاشة (f)
سؤال
سؤال
سؤال
سؤال
Use the table for the question(s) below.
Ideko Sales and Operating Cost Assumptions
Based upon Ideko's Sales and Operating Cost Assumptions,what production capacity will Ideko require in 2008?
A) 1,702 units
B) 1,323 units
C) 1,505 units
D) 1,914 units
E) 1,115 units
Ideko Sales and Operating Cost Assumptions
Based upon Ideko's Sales and Operating Cost Assumptions,what production capacity will Ideko require in 2008?
A) 1,702 units
B) 1,323 units
C) 1,505 units
D) 1,914 units
E) 1,115 units
سؤال
Use the tables for the question(s) below.
Estimated 2005 Income Statement and Balance Sheet Data for Ideko Corporation
The following are financial ratios for three comparable companies:
Based upon the average EV/EBITDA ratio of the comparable firms,Ideko's target economic value is closest to:
A) $191 million
B) $155 million
C) $157 million
D) $193 million
E) $165 million
Estimated 2005 Income Statement and Balance Sheet Data for Ideko Corporation
The following are financial ratios for three comparable companies:Based upon the average EV/EBITDA ratio of the comparable firms,Ideko's target economic value is closest to:
A) $191 million
B) $155 million
C) $157 million
D) $193 million
E) $165 million
سؤال
Use the table for the question(s) below.
Ideko Sales and Operating Cost Assumptions
Based upon Ideko's Sales and Operating Cost Assumptions,what production capacity will Ideko require in 2009?
A) 1,505 units
B) 1,115 units
C) 1,323 units
D) 1,702 units
E) 1,914 units
Ideko Sales and Operating Cost Assumptions
Based upon Ideko's Sales and Operating Cost Assumptions,what production capacity will Ideko require in 2009?
A) 1,505 units
B) 1,115 units
C) 1,323 units
D) 1,702 units
E) 1,914 units
سؤال
Use the tables for the question(s) below.
Estimated 2005 Income Statement and Balance Sheet Data for Ideko Corporation
Ideko's Accounts Receivable Days is closest to:
A) 84 days
B) 95 days
C) 90 days
D) 75 days
Estimated 2005 Income Statement and Balance Sheet Data for Ideko Corporation
Ideko's Accounts Receivable Days is closest to:
A) 84 days
B) 95 days
C) 90 days
D) 75 days
سؤال
Use the tables for the question(s) below.
Estimated 2005 Income Statement and Balance Sheet Data for Ideko Corporation
Goodwill is created only when a business is acquired and the amount paid for the business is ________ the value of the assets purchased.
A) greater than
B) smaller than
C) equal to
D) none of the above.
Estimated 2005 Income Statement and Balance Sheet Data for Ideko Corporation
Goodwill is created only when a business is acquired and the amount paid for the business is ________ the value of the assets purchased.
A) greater than
B) smaller than
C) equal to
D) none of the above.
سؤال
سؤال
سؤال
Use the table for the question(s) below.
Ideko Sales and Operating Cost Assumptions
Based upon Ideko's Sales and Operating Cost Assumptions,what production capacity will Ideko require in 2007?
A) 1,505 units
B) 1,323 units
C) 1,914 units
D) 1,115 units
E) 1,702 units
Ideko Sales and Operating Cost Assumptions
Based upon Ideko's Sales and Operating Cost Assumptions,what production capacity will Ideko require in 2007?
A) 1,505 units
B) 1,323 units
C) 1,914 units
D) 1,115 units
E) 1,702 units
سؤال
سؤال
سؤال
Use the tables for the question(s) below.
Estimated 2005 Income Statement and Balance Sheet Data for Ideko Corporation
The following are financial ratios for three comparable companies:
Based upon the average EV/EBITDA ratio of the comparable firms,if Ideko holds $6.5 million of cash in excess of its working capital needs,then Ideko's target market value of equity is closest to:
A) $155 million
B) $157 million
C) $165 million
D) $191 million
E) $193 million
Estimated 2005 Income Statement and Balance Sheet Data for Ideko Corporation
The following are financial ratios for three comparable companies:Based upon the average EV/EBITDA ratio of the comparable firms,if Ideko holds $6.5 million of cash in excess of its working capital needs,then Ideko's target market value of equity is closest to:
A) $155 million
B) $157 million
C) $165 million
D) $191 million
E) $193 million
سؤال
Use the tables for the question(s) below.
Estimated 2005 Income Statement and Balance Sheet Data for Ideko Corporation
The following are financial ratios for three comparable companies:
Based upon the average EV/Sales ratio of the comparable firms,Ideko's target economic value is closest to:
A) $191 million
B) $155 million
C) $165 million
D) $157 million
E) $193 million
Estimated 2005 Income Statement and Balance Sheet Data for Ideko Corporation
The following are financial ratios for three comparable companies:Based upon the average EV/Sales ratio of the comparable firms,Ideko's target economic value is closest to:
A) $191 million
B) $155 million
C) $165 million
D) $157 million
E) $193 million
سؤال
سؤال
Use the tables for the question(s) below.
Estimated 2005 Income Statement and Balance Sheet Data for Ideko Corporation
The following are financial ratios for three comparable companies:
Based upon the average P/E ratio of the comparable firms,Ideko's target market value of equity is closest to:
A) $157 million
B) $155 million
C) $193 million
D) $165 million
E) $191 million
Estimated 2005 Income Statement and Balance Sheet Data for Ideko Corporation
The following are financial ratios for three comparable companies:Based upon the average P/E ratio of the comparable firms,Ideko's target market value of equity is closest to:
A) $157 million
B) $155 million
C) $193 million
D) $165 million
E) $191 million
سؤال
سؤال
سؤال
Use the tables for the question(s) below.
Estimated 2005 Income Statement and Balance Sheet Data for Ideko Corporation
The following are financial ratios for three comparable companies:
Based upon the average EV/Sales ratio of the comparable firms,if Ideko holds $6.5 million of cash in excess of its working capital needs,then Ideko's target market value of equity is closest to:
A) $165 million
B) $157 million
C) $193 million
D) $191 million
E) $155 million
Estimated 2005 Income Statement and Balance Sheet Data for Ideko Corporation
The following are financial ratios for three comparable companies:Based upon the average EV/Sales ratio of the comparable firms,if Ideko holds $6.5 million of cash in excess of its working capital needs,then Ideko's target market value of equity is closest to:
A) $165 million
B) $157 million
C) $193 million
D) $191 million
E) $155 million
سؤال
Use the table for the question(s) below.
Capital Structure and Unlevered Beta Estimates for Comparable Firms
The unlevered beta for Luxottica is closest to:
A) 1.00
B) 0.60
C) 0.70
D) 1.50
Capital Structure and Unlevered Beta Estimates for Comparable Firms
The unlevered beta for Luxottica is closest to:
A) 1.00
B) 0.60
C) 0.70
D) 1.50
سؤال
سؤال
Use the tables for the question(s) below.
Pro Forma Income Statement for Ideko, 2005-2010
Pro Forma Balance Sheet for Ideko, 2005-2010
Assuming that Ideko has a EBITDA multiple of 9.4,then the continuation enterprise value of Ideko in 2010 is closest to:
A) $181.7 million
B) $152.8 million
C) $272.8 million
D) $301.7 million
Pro Forma Income Statement for Ideko, 2005-2010
Pro Forma Balance Sheet for Ideko, 2005-2010Assuming that Ideko has a EBITDA multiple of 9.4,then the continuation enterprise value of Ideko in 2010 is closest to:
A) $181.7 million
B) $152.8 million
C) $272.8 million
D) $301.7 million
سؤال
سؤال
سؤال
Use the table for the question(s) below.
Capital Structure and Unlevered Beta Estimates for Comparable Firms
If the risk-free rate of interest is 6% and the market risk premium has historically averaged 5%,then the cost of capital for Oakley is closest to:
A) 9.1%
B) 10.2%
C) 13.5%
D) 14.7%
Capital Structure and Unlevered Beta Estimates for Comparable Firms
If the risk-free rate of interest is 6% and the market risk premium has historically averaged 5%,then the cost of capital for Oakley is closest to:
A) 9.1%
B) 10.2%
C) 13.5%
D) 14.7%
سؤال
Use the tables for the question(s) below.
Pro Forma Income Statement for Ideko, 2005-2010
Pro Forma Balance Sheet for Ideko, 2005-2010
Assuming that Ideko has a EBITDA multiple of 9.4,then the continuation equity value of Ideko in 2010 is closest to:
A) $152.8 million
B) $181.7 million
C) $301.7 million
D) $272.8 million
Pro Forma Income Statement for Ideko, 2005-2010
Pro Forma Balance Sheet for Ideko, 2005-2010Assuming that Ideko has a EBITDA multiple of 9.4,then the continuation equity value of Ideko in 2010 is closest to:
A) $152.8 million
B) $181.7 million
C) $301.7 million
D) $272.8 million
سؤال
Use the tables for the question(s) below.
Pro Forma Income Statement for Ideko, 2005-2010
Pro Forma Balance Sheet for Ideko, 2005-2010
Assuming that Ideko has a EBITDA multiple of 8.5,then the continuation equity value of Ideko in 2010 is closest to:
A) $181.7 million
B) $272.8 million
C) $152.8 million
D) $301.7 million
Pro Forma Income Statement for Ideko, 2005-2010
Pro Forma Balance Sheet for Ideko, 2005-2010Assuming that Ideko has a EBITDA multiple of 8.5,then the continuation equity value of Ideko in 2010 is closest to:
A) $181.7 million
B) $272.8 million
C) $152.8 million
D) $301.7 million
سؤال
Use the tables for the question(s) below.
Pro Forma Income Statement for Ideko, 2005-2010
Pro Forma Balance Sheet for Ideko, 2005-2010
Assuming that Ideko has a EBITDA multiple of 8.5,then the continuation enterprise value of Ideko in 2010 is closest to:
A) $152.8 million
B) $272.8 million
C) $301.7 million
D) $181.7 million
Pro Forma Income Statement for Ideko, 2005-2010
Pro Forma Balance Sheet for Ideko, 2005-2010Assuming that Ideko has a EBITDA multiple of 8.5,then the continuation enterprise value of Ideko in 2010 is closest to:
A) $152.8 million
B) $272.8 million
C) $301.7 million
D) $181.7 million
سؤال
Use the table for the question(s) below.
Capital Structure and Unlevered Beta Estimates for Comparable Firms
If the risk-free rate of interest is 6% and the market risk premium has historically averaged 5%,then the cost of capital for Nike is closest to:
A) 14.7%
B) 10.2%
C) 9.1%
D) 13.5%
Capital Structure and Unlevered Beta Estimates for Comparable Firms
If the risk-free rate of interest is 6% and the market risk premium has historically averaged 5%,then the cost of capital for Nike is closest to:
A) 14.7%
B) 10.2%
C) 9.1%
D) 13.5%
سؤال
Using the income statement above and the following information:
Calculate Ideko's Free Cash Flow to the Firm and Free Cash Flow to Equity in 2007.
Calculate Ideko's Free Cash Flow to the Firm and Free Cash Flow to Equity in 2007. سؤال
Use the table for the question(s) below.
Pro Forma Income Statement for Ideko, 2005-2010
With the proper changes it is believed that Ideko's credit policies will allow for an account receivables days of 60.The forecasted accounts receivable for Ideko in 2007 is closest to:
A) $14,525
B) $16,970
C) $22,710
D) $19,690
Pro Forma Income Statement for Ideko, 2005-2010
With the proper changes it is believed that Ideko's credit policies will allow for an account receivables days of 60.The forecasted accounts receivable for Ideko in 2007 is closest to:
A) $14,525
B) $16,970
C) $22,710
D) $19,690
سؤال
Using the income statement above and the following information:
Calculate Ideko's Free Cash Flow to the Firm and Free Cash Flow to Equity in 2009.
Calculate Ideko's Free Cash Flow to the Firm and Free Cash Flow to Equity in 2009. سؤال
سؤال
Use the table for the question(s) below.
Pro Forma Income Statement for Ideko, 2005-2010
With the proper changes it is believed that Ideko's credit policies will allow for an account receivables days of 60.The forecasted accounts receivable for Ideko in 2008 is closest to:
A) $14,525
B) $19,690
C) $22,710
D) $16,970
Pro Forma Income Statement for Ideko, 2005-2010
With the proper changes it is believed that Ideko's credit policies will allow for an account receivables days of 60.The forecasted accounts receivable for Ideko in 2008 is closest to:
A) $14,525
B) $19,690
C) $22,710
D) $16,970
سؤال
Use the table for the question(s) below.
Capital Structure and Unlevered Beta Estimates for Comparable Firms
If the risk-free rate of interest is 6% and the market risk premium has historically averaged 5%,then the cost of capital for Luxottica is closest to:
A) 10.2%
B) 13.5%
C) 9.1%
D) 14.7%
Capital Structure and Unlevered Beta Estimates for Comparable Firms
If the risk-free rate of interest is 6% and the market risk premium has historically averaged 5%,then the cost of capital for Luxottica is closest to:
A) 10.2%
B) 13.5%
C) 9.1%
D) 14.7%
سؤال
سؤال
Use the table for the question(s) below.
Pro Forma Income Statement for Ideko, 2005-2010
With the proper changes it is believed that Ideko's credit policies will allow for an account receivables days of 60.The forecasted accounts receivable for Ideko in 2006 is closest to:
A) $19,690
B) $16,970
C) $22,710
D) $14,525
Pro Forma Income Statement for Ideko, 2005-2010
With the proper changes it is believed that Ideko's credit policies will allow for an account receivables days of 60.The forecasted accounts receivable for Ideko in 2006 is closest to:
A) $19,690
B) $16,970
C) $22,710
D) $14,525
سؤال
Use the table for the question(s) below.
Capital Structure and Unlevered Beta Estimates for Comparable Firms
The unlevered beta for Oakley is closest to:
A) 0.70
B) 1.50
C) 1.00
D) 0.60
Capital Structure and Unlevered Beta Estimates for Comparable Firms
The unlevered beta for Oakley is closest to:
A) 0.70
B) 1.50
C) 1.00
D) 0.60
سؤال
Use the table for the question(s) below.
Capital Structure and Unlevered Beta Estimates for Comparable Firms
The unlevered beta for Nike is closest to:
A) 0.70
B) 1.00
C) 1.50
D) 0.60
Capital Structure and Unlevered Beta Estimates for Comparable Firms
The unlevered beta for Nike is closest to:
A) 0.70
B) 1.00
C) 1.50
D) 0.60
سؤال
Use the tables for the question(s) below.
Pro Forma Income Statement for Ideko, 2005-2010
Pro Forma Balance Sheet for Ideko, 2005-2010
Assuming that Ideko has a EBITDA multiple of 8.5,then the continuation unlevered P/E ratio of Ideko in 2010 is closest to:
A) 25.9
B) 16.4
C) 14.5
D) 19.0
Pro Forma Income Statement for Ideko, 2005-2010
Pro Forma Balance Sheet for Ideko, 2005-2010Assuming that Ideko has a EBITDA multiple of 8.5,then the continuation unlevered P/E ratio of Ideko in 2010 is closest to:
A) 25.9
B) 16.4
C) 14.5
D) 19.0
سؤال
سؤال
Use the tables for the question(s) below.
Pro Forma Income Statement for Ideko, 2005-2010
Pro Forma Balance Sheet for Ideko, 2005-2010
Assuming that Ideko has a EBITDA multiple of 8.5,then the continuation levered P/E ratio of Ideko in 2010 is closest to:
A) 19.0
B) 17.2
C) 16.4
D) 14.5
Pro Forma Income Statement for Ideko, 2005-2010
Pro Forma Balance Sheet for Ideko, 2005-2010Assuming that Ideko has a EBITDA multiple of 8.5,then the continuation levered P/E ratio of Ideko in 2010 is closest to:
A) 19.0
B) 17.2
C) 16.4
D) 14.5
سؤال
Use the tables for the question(s) below.
Pro Forma Income Statement for Ideko, 2005-2010
Pro Forma Balance Sheet for Ideko, 2005-2010
Assuming that Ideko has a EBITDA multiple of 9.4,then the continuation EV/Sales ratio of Ideko in 2010 is closest to:
A) 1.9
B) 1.7
C) 1.6
D) 1.8
Pro Forma Income Statement for Ideko, 2005-2010
Pro Forma Balance Sheet for Ideko, 2005-2010Assuming that Ideko has a EBITDA multiple of 9.4,then the continuation EV/Sales ratio of Ideko in 2010 is closest to:
A) 1.9
B) 1.7
C) 1.6
D) 1.8
سؤال
Use the tables for the question(s) below.
Pro Forma Income Statement for Ideko, 2005-2010
Pro Forma Balance Sheet for Ideko, 2005-2010
Assuming that Ideko has a EBITDA multiple of 8.5,then the continuation EV/Sales ratio of Ideko in 2010 is closest to:
A) 1.7
B) 1.9
C) 1.6
D) 1.8
Pro Forma Income Statement for Ideko, 2005-2010
Pro Forma Balance Sheet for Ideko, 2005-2010Assuming that Ideko has a EBITDA multiple of 8.5,then the continuation EV/Sales ratio of Ideko in 2010 is closest to:
A) 1.7
B) 1.9
C) 1.6
D) 1.8
سؤال
Use the tables for the question(s) below.
Pro Forma Income Statement for Ideko, 2005-2010
Pro Forma Balance Sheet for Ideko, 2005-2010
Assuming that Ideko has a EBITDA multiple of 9.4,then the continuation levered P/E ratio of Ideko in 2010 is closest to:
A) 17.2
B) 14.5
C) 19.0
D) 16.4
Pro Forma Income Statement for Ideko, 2005-2010
Pro Forma Balance Sheet for Ideko, 2005-2010Assuming that Ideko has a EBITDA multiple of 9.4,then the continuation levered P/E ratio of Ideko in 2010 is closest to:
A) 17.2
B) 14.5
C) 19.0
D) 16.4
سؤال
Use the tables for the question(s) below.
Pro Forma Income Statement for Ideko, 2005-2010
Pro Forma Balance Sheet for Ideko, 2005-2010
Assuming that Ideko has a EBITDA multiple of 9.4,then the continuation unlevered P/E ratio of Ideko in 2010 is closest to:
A) 17.2
B) 16.4
C) 14.5
D) 28.6
Pro Forma Income Statement for Ideko, 2005-2010
Pro Forma Balance Sheet for Ideko, 2005-2010Assuming that Ideko has a EBITDA multiple of 9.4,then the continuation unlevered P/E ratio of Ideko in 2010 is closest to:
A) 17.2
B) 16.4
C) 14.5
D) 28.6
فتح الحزمة
قم بالتسجيل لفتح البطاقات في هذه المجموعة!
Unlock Deck
Unlock Deck
1/47
العب
ملء الشاشة (f)
Deck 22: Valuation and Financial Modelling: a Case Study
1
As an intangible asset,goodwill is ________ over time as its value ________.
A) amortized; grows
B) not amortized; declines
C) amortized; declines
D) not amortized; grows
A) amortized; grows
B) not amortized; declines
C) amortized; declines
D) not amortized; grows
not amortized; declines
2
Since Capital Cost Allowance (CCA)is a non-cash expense,its effect is to increase a company's ________.
A) cash flows
B) revenues
C) book value of assets
D) capital assets
A) cash flows
B) revenues
C) book value of assets
D) capital assets
cash flows
3
To assess whether an acquisition is attractive requires a careful analysis both of ________ aspects of the firm and of the ________ the deal is expected to generate and the return that should be required.
A) the operational; ultimate revenues
B) the operational; ultimate cash flows
C) the marketing; ultimate cash flows
D) the marketing; ultimate revenues
A) the operational; ultimate revenues
B) the operational; ultimate cash flows
C) the marketing; ultimate cash flows
D) the marketing; ultimate revenues
the operational; ultimate cash flows
4
Use the table for the question(s) below.
Ideko Sales and Operating Cost Assumptions
Based upon Ideko's Sales and Operating Cost Assumptions,what production capacity will Ideko require in 2008?
A) 1,702 units
B) 1,323 units
C) 1,505 units
D) 1,914 units
E) 1,115 units
Ideko Sales and Operating Cost Assumptions
Based upon Ideko's Sales and Operating Cost Assumptions,what production capacity will Ideko require in 2008?
A) 1,702 units
B) 1,323 units
C) 1,505 units
D) 1,914 units
E) 1,115 units
فتح الحزمة
افتح القفل للوصول البطاقات البالغ عددها 47 في هذه المجموعة.
فتح الحزمة
k this deck
5
Use the tables for the question(s) below.
Estimated 2005 Income Statement and Balance Sheet Data for Ideko Corporation
The following are financial ratios for three comparable companies:
Based upon the average EV/EBITDA ratio of the comparable firms,Ideko's target economic value is closest to:
A) $191 million
B) $155 million
C) $157 million
D) $193 million
E) $165 million
Estimated 2005 Income Statement and Balance Sheet Data for Ideko Corporation
The following are financial ratios for three comparable companies:Based upon the average EV/EBITDA ratio of the comparable firms,Ideko's target economic value is closest to:
A) $191 million
B) $155 million
C) $157 million
D) $193 million
E) $165 million
فتح الحزمة
افتح القفل للوصول البطاقات البالغ عددها 47 في هذه المجموعة.
فتح الحزمة
k this deck
6
Use the table for the question(s) below.
Ideko Sales and Operating Cost Assumptions
Based upon Ideko's Sales and Operating Cost Assumptions,what production capacity will Ideko require in 2009?
A) 1,505 units
B) 1,115 units
C) 1,323 units
D) 1,702 units
E) 1,914 units
Ideko Sales and Operating Cost Assumptions
Based upon Ideko's Sales and Operating Cost Assumptions,what production capacity will Ideko require in 2009?
A) 1,505 units
B) 1,115 units
C) 1,323 units
D) 1,702 units
E) 1,914 units
فتح الحزمة
افتح القفل للوصول البطاقات البالغ عددها 47 في هذه المجموعة.
فتح الحزمة
k this deck
7
Use the tables for the question(s) below.
Estimated 2005 Income Statement and Balance Sheet Data for Ideko Corporation
Ideko's Accounts Receivable Days is closest to:
A) 84 days
B) 95 days
C) 90 days
D) 75 days
Estimated 2005 Income Statement and Balance Sheet Data for Ideko Corporation
Ideko's Accounts Receivable Days is closest to:
A) 84 days
B) 95 days
C) 90 days
D) 75 days
فتح الحزمة
افتح القفل للوصول البطاقات البالغ عددها 47 في هذه المجموعة.
فتح الحزمة
k this deck
8
Use the tables for the question(s) below.
Estimated 2005 Income Statement and Balance Sheet Data for Ideko Corporation
Goodwill is created only when a business is acquired and the amount paid for the business is ________ the value of the assets purchased.
A) greater than
B) smaller than
C) equal to
D) none of the above.
Estimated 2005 Income Statement and Balance Sheet Data for Ideko Corporation
Goodwill is created only when a business is acquired and the amount paid for the business is ________ the value of the assets purchased.
A) greater than
B) smaller than
C) equal to
D) none of the above.
فتح الحزمة
افتح القفل للوصول البطاقات البالغ عددها 47 في هذه المجموعة.
فتح الحزمة
k this deck
9
Which of the following statements is correct?
A) A firm's enterprise value is the total value of equity plus net debt, where net debt is debt less cash and investments in marketable securities.
B) A firm's book value is the total value of equity plus net debt, where net debt is debt less cash and investments in marketable securities.
C) A firm's market value is the total value of equity plus net debt, where net debt is debt less cash and investments in marketable securities.
D) A firm's nominal value is the total value of equity plus net debt, where net debt is debt less cash and investments in marketable securities.
A) A firm's enterprise value is the total value of equity plus net debt, where net debt is debt less cash and investments in marketable securities.
B) A firm's book value is the total value of equity plus net debt, where net debt is debt less cash and investments in marketable securities.
C) A firm's market value is the total value of equity plus net debt, where net debt is debt less cash and investments in marketable securities.
D) A firm's nominal value is the total value of equity plus net debt, where net debt is debt less cash and investments in marketable securities.
فتح الحزمة
افتح القفل للوصول البطاقات البالغ عددها 47 في هذه المجموعة.
فتح الحزمة
k this deck
10
According to the Canadian Institute of Chartered Accountants (CICA)handbook,a firm's goodwill is not necessarily amortized but it is subject to ________ at least once a year.
A) an impairment test
B) an impairment charge
C) an asset valuation
D) a capital asset valuation
A) an impairment test
B) an impairment charge
C) an asset valuation
D) a capital asset valuation
فتح الحزمة
افتح القفل للوصول البطاقات البالغ عددها 47 في هذه المجموعة.
فتح الحزمة
k this deck
11
Use the table for the question(s) below.
Ideko Sales and Operating Cost Assumptions
Based upon Ideko's Sales and Operating Cost Assumptions,what production capacity will Ideko require in 2007?
A) 1,505 units
B) 1,323 units
C) 1,914 units
D) 1,115 units
E) 1,702 units
Ideko Sales and Operating Cost Assumptions
Based upon Ideko's Sales and Operating Cost Assumptions,what production capacity will Ideko require in 2007?
A) 1,505 units
B) 1,323 units
C) 1,914 units
D) 1,115 units
E) 1,702 units
فتح الحزمة
افتح القفل للوصول البطاقات البالغ عددها 47 في هذه المجموعة.
فتح الحزمة
k this deck
12
What range for the market value of equity for Ideko is implied by the range of P/E multiples for the comparable firms?
فتح الحزمة
افتح القفل للوصول البطاقات البالغ عددها 47 في هذه المجموعة.
فتح الحزمة
k this deck
13
Capital Cost Allowance (CCA)reduces a firm's ________ but increases a firm's ________.
A) revenue; cash flows
B) net income; cash flows
C) net income; total costs
D) revenue; total costs
A) revenue; cash flows
B) net income; cash flows
C) net income; total costs
D) revenue; total costs
فتح الحزمة
افتح القفل للوصول البطاقات البالغ عددها 47 في هذه المجموعة.
فتح الحزمة
k this deck
14
Use the tables for the question(s) below.
Estimated 2005 Income Statement and Balance Sheet Data for Ideko Corporation
The following are financial ratios for three comparable companies:
Based upon the average EV/EBITDA ratio of the comparable firms,if Ideko holds $6.5 million of cash in excess of its working capital needs,then Ideko's target market value of equity is closest to:
A) $155 million
B) $157 million
C) $165 million
D) $191 million
E) $193 million
Estimated 2005 Income Statement and Balance Sheet Data for Ideko Corporation
The following are financial ratios for three comparable companies:Based upon the average EV/EBITDA ratio of the comparable firms,if Ideko holds $6.5 million of cash in excess of its working capital needs,then Ideko's target market value of equity is closest to:
A) $155 million
B) $157 million
C) $165 million
D) $191 million
E) $193 million
فتح الحزمة
افتح القفل للوصول البطاقات البالغ عددها 47 في هذه المجموعة.
فتح الحزمة
k this deck
15
Use the tables for the question(s) below.
Estimated 2005 Income Statement and Balance Sheet Data for Ideko Corporation
The following are financial ratios for three comparable companies:
Based upon the average EV/Sales ratio of the comparable firms,Ideko's target economic value is closest to:
A) $191 million
B) $155 million
C) $165 million
D) $157 million
E) $193 million
Estimated 2005 Income Statement and Balance Sheet Data for Ideko Corporation
The following are financial ratios for three comparable companies:Based upon the average EV/Sales ratio of the comparable firms,Ideko's target economic value is closest to:
A) $191 million
B) $155 million
C) $165 million
D) $157 million
E) $193 million
فتح الحزمة
افتح القفل للوصول البطاقات البالغ عددها 47 في هذه المجموعة.
فتح الحزمة
k this deck
16
What range for the market value of equity for Ideko is implied by the range of EV/Sales multiples for the comparable firms if Ideko holds $6.5 million of cash in excess of its working capital needs?
فتح الحزمة
افتح القفل للوصول البطاقات البالغ عددها 47 في هذه المجموعة.
فتح الحزمة
k this deck
17
Use the tables for the question(s) below.
Estimated 2005 Income Statement and Balance Sheet Data for Ideko Corporation
The following are financial ratios for three comparable companies:
Based upon the average P/E ratio of the comparable firms,Ideko's target market value of equity is closest to:
A) $157 million
B) $155 million
C) $193 million
D) $165 million
E) $191 million
Estimated 2005 Income Statement and Balance Sheet Data for Ideko Corporation
The following are financial ratios for three comparable companies:Based upon the average P/E ratio of the comparable firms,Ideko's target market value of equity is closest to:
A) $157 million
B) $155 million
C) $193 million
D) $165 million
E) $191 million
فتح الحزمة
افتح القفل للوصول البطاقات البالغ عددها 47 في هذه المجموعة.
فتح الحزمة
k this deck
18
The amortization expense may be used for ________ but for ________,the Canada Revenue Agency (CRA)requires companies to use Capital Cost Allowance (CCA).
A) asset valuation; financial reporting purposes
B) tax purposes; financial reporting purposes
C) financial reporting purposes; tax purposes
D) the income statement; the balance sheet
A) asset valuation; financial reporting purposes
B) tax purposes; financial reporting purposes
C) financial reporting purposes; tax purposes
D) the income statement; the balance sheet
فتح الحزمة
افتح القفل للوصول البطاقات البالغ عددها 47 في هذه المجموعة.
فتح الحزمة
k this deck
19
What range for the market value of equity for Ideko is implied by the range of EV/EBITDA multiples for the comparable firms if Ideko holds $6.5 million of cash in excess of its working capital needs?
فتح الحزمة
افتح القفل للوصول البطاقات البالغ عددها 47 في هذه المجموعة.
فتح الحزمة
k this deck
20
Use the tables for the question(s) below.
Estimated 2005 Income Statement and Balance Sheet Data for Ideko Corporation
The following are financial ratios for three comparable companies:
Based upon the average EV/Sales ratio of the comparable firms,if Ideko holds $6.5 million of cash in excess of its working capital needs,then Ideko's target market value of equity is closest to:
A) $165 million
B) $157 million
C) $193 million
D) $191 million
E) $155 million
Estimated 2005 Income Statement and Balance Sheet Data for Ideko Corporation
The following are financial ratios for three comparable companies:Based upon the average EV/Sales ratio of the comparable firms,if Ideko holds $6.5 million of cash in excess of its working capital needs,then Ideko's target market value of equity is closest to:
A) $165 million
B) $157 million
C) $193 million
D) $191 million
E) $155 million
فتح الحزمة
افتح القفل للوصول البطاقات البالغ عددها 47 في هذه المجموعة.
فتح الحزمة
k this deck
21
Use the table for the question(s) below.
Capital Structure and Unlevered Beta Estimates for Comparable Firms
The unlevered beta for Luxottica is closest to:
A) 1.00
B) 0.60
C) 0.70
D) 1.50
Capital Structure and Unlevered Beta Estimates for Comparable Firms
The unlevered beta for Luxottica is closest to:
A) 1.00
B) 0.60
C) 0.70
D) 1.50
فتح الحزمة
افتح القفل للوصول البطاقات البالغ عددها 47 في هذه المجموعة.
فتح الحزمة
k this deck
22
The cash multiple does not depend on the amount of time it takes to receive the cash,nor does it account for the risk of the investment.It is therefore useful only for comparing deals
A) with different time horizons and different risk levels.
B) with similar time horizons and different risk levels.
C) with similar time horizons and similar risk levels.
D) with different time horizons and similar risk levels.
A) with different time horizons and different risk levels.
B) with similar time horizons and different risk levels.
C) with similar time horizons and similar risk levels.
D) with different time horizons and similar risk levels.
فتح الحزمة
افتح القفل للوصول البطاقات البالغ عددها 47 في هذه المجموعة.
فتح الحزمة
k this deck
23
Use the tables for the question(s) below.
Pro Forma Income Statement for Ideko, 2005-2010
Pro Forma Balance Sheet for Ideko, 2005-2010
Assuming that Ideko has a EBITDA multiple of 9.4,then the continuation enterprise value of Ideko in 2010 is closest to:
A) $181.7 million
B) $152.8 million
C) $272.8 million
D) $301.7 million
Pro Forma Income Statement for Ideko, 2005-2010
Pro Forma Balance Sheet for Ideko, 2005-2010Assuming that Ideko has a EBITDA multiple of 9.4,then the continuation enterprise value of Ideko in 2010 is closest to:
A) $181.7 million
B) $152.8 million
C) $272.8 million
D) $301.7 million
فتح الحزمة
افتح القفل للوصول البطاقات البالغ عددها 47 في هذه المجموعة.
فتح الحزمة
k this deck
24
While ________ method is the most reliable method when evaluating an acquisition investment,real-world practitioners often use ________ and ________ as alternative valuation metrics.
A) the NPV; the IRR; the cash multiple (or multiple of money)
B) the IRR; the NPV; the cash multiple (or multiple of money)
C) the cash multiple; the NPV; the IRR
D) none of the above
A) the NPV; the IRR; the cash multiple (or multiple of money)
B) the IRR; the NPV; the cash multiple (or multiple of money)
C) the cash multiple; the NPV; the IRR
D) none of the above
فتح الحزمة
افتح القفل للوصول البطاقات البالغ عددها 47 في هذه المجموعة.
فتح الحزمة
k this deck
25
Since 1960,the average annual return of the value-weighted market portfolio of U.S.stocks has exceeded that of one-year Treasuries by approximately 5%.In Canada,this number has been about ________.
A) 4%
B) 5%
C) 6%
D) 7%
A) 4%
B) 5%
C) 6%
D) 7%
فتح الحزمة
افتح القفل للوصول البطاقات البالغ عددها 47 في هذه المجموعة.
فتح الحزمة
k this deck
26
Use the table for the question(s) below.
Capital Structure and Unlevered Beta Estimates for Comparable Firms
If the risk-free rate of interest is 6% and the market risk premium has historically averaged 5%,then the cost of capital for Oakley is closest to:
A) 9.1%
B) 10.2%
C) 13.5%
D) 14.7%
Capital Structure and Unlevered Beta Estimates for Comparable Firms
If the risk-free rate of interest is 6% and the market risk premium has historically averaged 5%,then the cost of capital for Oakley is closest to:
A) 9.1%
B) 10.2%
C) 13.5%
D) 14.7%
فتح الحزمة
افتح القفل للوصول البطاقات البالغ عددها 47 في هذه المجموعة.
فتح الحزمة
k this deck
27
Use the tables for the question(s) below.
Pro Forma Income Statement for Ideko, 2005-2010
Pro Forma Balance Sheet for Ideko, 2005-2010
Assuming that Ideko has a EBITDA multiple of 9.4,then the continuation equity value of Ideko in 2010 is closest to:
A) $152.8 million
B) $181.7 million
C) $301.7 million
D) $272.8 million
Pro Forma Income Statement for Ideko, 2005-2010
Pro Forma Balance Sheet for Ideko, 2005-2010Assuming that Ideko has a EBITDA multiple of 9.4,then the continuation equity value of Ideko in 2010 is closest to:
A) $152.8 million
B) $181.7 million
C) $301.7 million
D) $272.8 million
فتح الحزمة
افتح القفل للوصول البطاقات البالغ عددها 47 في هذه المجموعة.
فتح الحزمة
k this deck
28
Use the tables for the question(s) below.
Pro Forma Income Statement for Ideko, 2005-2010
Pro Forma Balance Sheet for Ideko, 2005-2010
Assuming that Ideko has a EBITDA multiple of 8.5,then the continuation equity value of Ideko in 2010 is closest to:
A) $181.7 million
B) $272.8 million
C) $152.8 million
D) $301.7 million
Pro Forma Income Statement for Ideko, 2005-2010
Pro Forma Balance Sheet for Ideko, 2005-2010Assuming that Ideko has a EBITDA multiple of 8.5,then the continuation equity value of Ideko in 2010 is closest to:
A) $181.7 million
B) $272.8 million
C) $152.8 million
D) $301.7 million
فتح الحزمة
افتح القفل للوصول البطاقات البالغ عددها 47 في هذه المجموعة.
فتح الحزمة
k this deck
29
Use the tables for the question(s) below.
Pro Forma Income Statement for Ideko, 2005-2010
Pro Forma Balance Sheet for Ideko, 2005-2010
Assuming that Ideko has a EBITDA multiple of 8.5,then the continuation enterprise value of Ideko in 2010 is closest to:
A) $152.8 million
B) $272.8 million
C) $301.7 million
D) $181.7 million
Pro Forma Income Statement for Ideko, 2005-2010
Pro Forma Balance Sheet for Ideko, 2005-2010Assuming that Ideko has a EBITDA multiple of 8.5,then the continuation enterprise value of Ideko in 2010 is closest to:
A) $152.8 million
B) $272.8 million
C) $301.7 million
D) $181.7 million
فتح الحزمة
افتح القفل للوصول البطاقات البالغ عددها 47 في هذه المجموعة.
فتح الحزمة
k this deck
30
Use the table for the question(s) below.
Capital Structure and Unlevered Beta Estimates for Comparable Firms
If the risk-free rate of interest is 6% and the market risk premium has historically averaged 5%,then the cost of capital for Nike is closest to:
A) 14.7%
B) 10.2%
C) 9.1%
D) 13.5%
Capital Structure and Unlevered Beta Estimates for Comparable Firms
If the risk-free rate of interest is 6% and the market risk premium has historically averaged 5%,then the cost of capital for Nike is closest to:
A) 14.7%
B) 10.2%
C) 9.1%
D) 13.5%
فتح الحزمة
افتح القفل للوصول البطاقات البالغ عددها 47 في هذه المجموعة.
فتح الحزمة
k this deck
31
Using the income statement above and the following information:
Calculate Ideko's Free Cash Flow to the Firm and Free Cash Flow to Equity in 2007.
Calculate Ideko's Free Cash Flow to the Firm and Free Cash Flow to Equity in 2007. فتح الحزمة
افتح القفل للوصول البطاقات البالغ عددها 47 في هذه المجموعة.
فتح الحزمة
k this deck
32
Use the table for the question(s) below.
Pro Forma Income Statement for Ideko, 2005-2010
With the proper changes it is believed that Ideko's credit policies will allow for an account receivables days of 60.The forecasted accounts receivable for Ideko in 2007 is closest to:
A) $14,525
B) $16,970
C) $22,710
D) $19,690
Pro Forma Income Statement for Ideko, 2005-2010
With the proper changes it is believed that Ideko's credit policies will allow for an account receivables days of 60.The forecasted accounts receivable for Ideko in 2007 is closest to:
A) $14,525
B) $16,970
C) $22,710
D) $19,690
فتح الحزمة
افتح القفل للوصول البطاقات البالغ عددها 47 في هذه المجموعة.
فتح الحزمة
k this deck
33
Using the income statement above and the following information:
Calculate Ideko's Free Cash Flow to the Firm and Free Cash Flow to Equity in 2009.
Calculate Ideko's Free Cash Flow to the Firm and Free Cash Flow to Equity in 2009. فتح الحزمة
افتح القفل للوصول البطاقات البالغ عددها 47 في هذه المجموعة.
فتح الحزمة
k this deck
34
Describe the major approach in estimating the cost of capital when attempting to evaluate an acquisition of a private firm.
فتح الحزمة
افتح القفل للوصول البطاقات البالغ عددها 47 في هذه المجموعة.
فتح الحزمة
k this deck
35
Use the table for the question(s) below.
Pro Forma Income Statement for Ideko, 2005-2010
With the proper changes it is believed that Ideko's credit policies will allow for an account receivables days of 60.The forecasted accounts receivable for Ideko in 2008 is closest to:
A) $14,525
B) $19,690
C) $22,710
D) $16,970
Pro Forma Income Statement for Ideko, 2005-2010
With the proper changes it is believed that Ideko's credit policies will allow for an account receivables days of 60.The forecasted accounts receivable for Ideko in 2008 is closest to:
A) $14,525
B) $19,690
C) $22,710
D) $16,970
فتح الحزمة
افتح القفل للوصول البطاقات البالغ عددها 47 في هذه المجموعة.
فتح الحزمة
k this deck
36
Use the table for the question(s) below.
Capital Structure and Unlevered Beta Estimates for Comparable Firms
If the risk-free rate of interest is 6% and the market risk premium has historically averaged 5%,then the cost of capital for Luxottica is closest to:
A) 10.2%
B) 13.5%
C) 9.1%
D) 14.7%
Capital Structure and Unlevered Beta Estimates for Comparable Firms
If the risk-free rate of interest is 6% and the market risk premium has historically averaged 5%,then the cost of capital for Luxottica is closest to:
A) 10.2%
B) 13.5%
C) 9.1%
D) 14.7%
فتح الحزمة
افتح القفل للوصول البطاقات البالغ عددها 47 في هذه المجموعة.
فتح الحزمة
k this deck
37
We can use a one-year Canadian Treasury Bill rate as ________ interest rate when we convert an unlevered beta to a cost of capital for an acquired firm.
A) a risk-free
B) a nominal
C) a real
D) an effective
A) a risk-free
B) a nominal
C) a real
D) an effective
فتح الحزمة
افتح القفل للوصول البطاقات البالغ عددها 47 في هذه المجموعة.
فتح الحزمة
k this deck
38
Use the table for the question(s) below.
Pro Forma Income Statement for Ideko, 2005-2010
With the proper changes it is believed that Ideko's credit policies will allow for an account receivables days of 60.The forecasted accounts receivable for Ideko in 2006 is closest to:
A) $19,690
B) $16,970
C) $22,710
D) $14,525
Pro Forma Income Statement for Ideko, 2005-2010
With the proper changes it is believed that Ideko's credit policies will allow for an account receivables days of 60.The forecasted accounts receivable for Ideko in 2006 is closest to:
A) $19,690
B) $16,970
C) $22,710
D) $14,525
فتح الحزمة
افتح القفل للوصول البطاقات البالغ عددها 47 في هذه المجموعة.
فتح الحزمة
k this deck
39
Use the table for the question(s) below.
Capital Structure and Unlevered Beta Estimates for Comparable Firms
The unlevered beta for Oakley is closest to:
A) 0.70
B) 1.50
C) 1.00
D) 0.60
Capital Structure and Unlevered Beta Estimates for Comparable Firms
The unlevered beta for Oakley is closest to:
A) 0.70
B) 1.50
C) 1.00
D) 0.60
فتح الحزمة
افتح القفل للوصول البطاقات البالغ عددها 47 في هذه المجموعة.
فتح الحزمة
k this deck
40
Use the table for the question(s) below.
Capital Structure and Unlevered Beta Estimates for Comparable Firms
The unlevered beta for Nike is closest to:
A) 0.70
B) 1.00
C) 1.50
D) 0.60
Capital Structure and Unlevered Beta Estimates for Comparable Firms
The unlevered beta for Nike is closest to:
A) 0.70
B) 1.00
C) 1.50
D) 0.60
فتح الحزمة
افتح القفل للوصول البطاقات البالغ عددها 47 في هذه المجموعة.
فتح الحزمة
k this deck
41
Use the tables for the question(s) below.
Pro Forma Income Statement for Ideko, 2005-2010
Pro Forma Balance Sheet for Ideko, 2005-2010
Assuming that Ideko has a EBITDA multiple of 8.5,then the continuation unlevered P/E ratio of Ideko in 2010 is closest to:
A) 25.9
B) 16.4
C) 14.5
D) 19.0
Pro Forma Income Statement for Ideko, 2005-2010
Pro Forma Balance Sheet for Ideko, 2005-2010Assuming that Ideko has a EBITDA multiple of 8.5,then the continuation unlevered P/E ratio of Ideko in 2010 is closest to:
A) 25.9
B) 16.4
C) 14.5
D) 19.0
فتح الحزمة
افتح القفل للوصول البطاقات البالغ عددها 47 في هذه المجموعة.
فتح الحزمة
k this deck
42
What is the purpose of the sensitivity analysis?
فتح الحزمة
افتح القفل للوصول البطاقات البالغ عددها 47 في هذه المجموعة.
فتح الحزمة
k this deck
43
Use the tables for the question(s) below.
Pro Forma Income Statement for Ideko, 2005-2010
Pro Forma Balance Sheet for Ideko, 2005-2010
Assuming that Ideko has a EBITDA multiple of 8.5,then the continuation levered P/E ratio of Ideko in 2010 is closest to:
A) 19.0
B) 17.2
C) 16.4
D) 14.5
Pro Forma Income Statement for Ideko, 2005-2010
Pro Forma Balance Sheet for Ideko, 2005-2010Assuming that Ideko has a EBITDA multiple of 8.5,then the continuation levered P/E ratio of Ideko in 2010 is closest to:
A) 19.0
B) 17.2
C) 16.4
D) 14.5
فتح الحزمة
افتح القفل للوصول البطاقات البالغ عددها 47 في هذه المجموعة.
فتح الحزمة
k this deck
44
Use the tables for the question(s) below.
Pro Forma Income Statement for Ideko, 2005-2010
Pro Forma Balance Sheet for Ideko, 2005-2010
Assuming that Ideko has a EBITDA multiple of 9.4,then the continuation EV/Sales ratio of Ideko in 2010 is closest to:
A) 1.9
B) 1.7
C) 1.6
D) 1.8
Pro Forma Income Statement for Ideko, 2005-2010
Pro Forma Balance Sheet for Ideko, 2005-2010Assuming that Ideko has a EBITDA multiple of 9.4,then the continuation EV/Sales ratio of Ideko in 2010 is closest to:
A) 1.9
B) 1.7
C) 1.6
D) 1.8
فتح الحزمة
افتح القفل للوصول البطاقات البالغ عددها 47 في هذه المجموعة.
فتح الحزمة
k this deck
45
Use the tables for the question(s) below.
Pro Forma Income Statement for Ideko, 2005-2010
Pro Forma Balance Sheet for Ideko, 2005-2010
Assuming that Ideko has a EBITDA multiple of 8.5,then the continuation EV/Sales ratio of Ideko in 2010 is closest to:
A) 1.7
B) 1.9
C) 1.6
D) 1.8
Pro Forma Income Statement for Ideko, 2005-2010
Pro Forma Balance Sheet for Ideko, 2005-2010Assuming that Ideko has a EBITDA multiple of 8.5,then the continuation EV/Sales ratio of Ideko in 2010 is closest to:
A) 1.7
B) 1.9
C) 1.6
D) 1.8
فتح الحزمة
افتح القفل للوصول البطاقات البالغ عددها 47 في هذه المجموعة.
فتح الحزمة
k this deck
46
Use the tables for the question(s) below.
Pro Forma Income Statement for Ideko, 2005-2010
Pro Forma Balance Sheet for Ideko, 2005-2010
Assuming that Ideko has a EBITDA multiple of 9.4,then the continuation levered P/E ratio of Ideko in 2010 is closest to:
A) 17.2
B) 14.5
C) 19.0
D) 16.4
Pro Forma Income Statement for Ideko, 2005-2010
Pro Forma Balance Sheet for Ideko, 2005-2010Assuming that Ideko has a EBITDA multiple of 9.4,then the continuation levered P/E ratio of Ideko in 2010 is closest to:
A) 17.2
B) 14.5
C) 19.0
D) 16.4
فتح الحزمة
افتح القفل للوصول البطاقات البالغ عددها 47 في هذه المجموعة.
فتح الحزمة
k this deck
47
Use the tables for the question(s) below.
Pro Forma Income Statement for Ideko, 2005-2010
Pro Forma Balance Sheet for Ideko, 2005-2010
Assuming that Ideko has a EBITDA multiple of 9.4,then the continuation unlevered P/E ratio of Ideko in 2010 is closest to:
A) 17.2
B) 16.4
C) 14.5
D) 28.6
Pro Forma Income Statement for Ideko, 2005-2010
Pro Forma Balance Sheet for Ideko, 2005-2010Assuming that Ideko has a EBITDA multiple of 9.4,then the continuation unlevered P/E ratio of Ideko in 2010 is closest to:
A) 17.2
B) 16.4
C) 14.5
D) 28.6
فتح الحزمة
افتح القفل للوصول البطاقات البالغ عددها 47 في هذه المجموعة.
فتح الحزمة
k this deck
فتح الحزمة
افتح القفل للوصول البطاقات البالغ عددها 47 في هذه المجموعة.
