Question
6.) Value investment strategies: A.) Buy shares of unappreciated or neglected companies at attractive prices B.) Often take a contrarian approach C.) Look for some
6.) Value investment strategies: A.) Buy shares of unappreciated or neglected companies at attractive prices B.) Often take a contrarian approach C.) Look for some growth in earnings D.) B and C E.) All of the above F.) None of the above _____ 7.) The Piotroski High F-Score investment strategy: A.) looks for an increase in the fiscal year current ratio B.) looks to see that net income is greater than cash flow from operations C.) starts with high price-to-book-value growth stocks D.) All of the above E.) None of the above _____ 8.) Enterprise value: A.) is equal to EBIT B.) equals the market value of equity plus interest-bearing debt, minus any excess cash C.) represents the maximum value paid to purchase a company outright D.) All of the above E.) None of the above _____ 9.) The Lakonishok investment strategy: A.) is a growth strategy B.) believes that people are too pessimistic in their return expectations from growth stocks C.) believes that market inefficiencies are due to investor behavior D.) is a short-term strategy _____ 10.) The Buffett-Hagstrom investment strategy: A.) has a focus on return on equity over earnings per share B.) looks for businesses with a consistent operating history C.) wants to see increases in free cash flow D.) All of the above E.) None of the above _____ 11.) P/CF ratios: A.) are best for financial companies B.) are often used since reported earnings can be manipulated C.) are consistent for all industries and sectors D.) All of the above E.) None of the above
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