Question
Below are quarterly performance data for Marriott: Mar 2002 Dec 2001 Sept 2001 Jun 2001 Mar 2001 Revenue $2,364 $2,868 $2,373 $2,450 $2,461 Net Income
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Below are quarterly performance data for Marriott:
Mar 2002
Dec 2001
Sept 2001
Jun 2001
Mar 2001
Revenue
$2,364
$2,868
$2,373
$2,450
$2,461
Net Income
82
-116
101
130
121
The quarterly % change in revenue for March 2002 from the same quarter one ago was:
a. 96.1%
b. 3.9%
c. 3.5%
d. 17.6%
1 points
QUESTION 27
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Following Question 26 and using common-size, September 2001 net income would be:
a. 100.0%
b. 18.8%
c. 16.5%
d. 4.3%
1 points
QUESTION 28
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Big Bill Computer has a stock price of $50, an EPS of $4.80, projected earnings growth of 8% a year and pays dividends of $2 per share. It is an investment fit to which fund?
a. Gotrocks Value Fund
b. Gotrocks Growth Fund
c. Gotrocks Money Market Fund
d. Gotrocks Income Fund
1 points
QUESTION 29
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Sell Co. has a stock price of $15, 2.3 millions shares outstanding, total stockholders equity of $12.6 million and total assets of $20 million. Sell Co. has a market to book ratio of:
a. 1.7x
b. 1.2x
c. 2.7x
d. $11.6 million
1 points
QUESTION 30
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Following Question 29, Sell Co. has an intrinsic value of $18. What is the intrinsic value to price ratio?
a. 1.7
b. 1.2
c. 2.7
d. $41.4 million
QUESTION 36
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The following financial information is given for Hilton & Marriott:
Hilton
Marriott
Closing Stock Price, October 8, 2002
10.54
27.46
EPS (actual for 2001)
0.45
0.92
EPS (forecast for 2002)
0.51
1.83
Dividend per share
0.08
0.28
5 year forecast earnings growth rate
15.1%
15.7%
Common shares outstanding (thousands)
376,025
241,801
Given the October 8 stock prices:
a. Based on either actual or forecast EPS, Marriott has a PE almost double that of Hilton
b. Based on actual EPS Marriott has a higher PE than Hilton
c. Based on forecast EPS Marriott has a higher PE than Hilton
d. Hilton s PE rises from actual to forecast because of poor performance
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