QUESTION 22

1. The following data is given for annual operations for Hilton Hotels (in millions):

   Hilton

   	1997	1998	1999	2000	2001
   Revenue	$1,475	$1,769	$1,959	$3,177	$2,632
   Gross Profit	395	464	567	1,008	686
   Net Income	250	297	174	272	166

   Given the data above, the growth analysis for Hilton shows revenue growth for 1999 of:

   	a.	34.4%
   	b.	10.7%
   	c.	8.9%
   	d.	24.7%

1 points

QUESTION 23

1. Following Question 22, the growth analysis for Hilton shows net income growth for 2000 of:

   	a.	8.8%
   	b.	39.0%
   	c.	56.3%
   	d.	36.0%

1 points

QUESTION 24

1. Following Question 22, which year would be used as the base year for Hilton?

   	a.	2000
   	b.	1998
   	c.	2001
   	d.	1997

1 points

QUESTION 25

1. Following Question 22, trend analysis for Hilton shows gross profit for 2001 of:

   	a.	68.1
   	b.	26.1
   	c.	413.2
   	d.	173.7

1 points

QUESTION 26

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.	3.9%
   	b.	3.5%
   	c.	96.1%
   	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 Income Fund
   	b.	Gotrocks Money Market Fund
   	c.	Gotrocks Value Fund
   	d.	Gotrocks Growth 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.	2.7x
   	c.	1.2x
   	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.	2.7
   	b.	1.2
   	c.	$41.4 million
   	d.	1.7