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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

  1. 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

  1. 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

  1. 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

  1. 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

  1. 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

  1. 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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