FIN 무료 덤프문제 온라인 액세스

시험코드:FIN
시험이름:Finance
인증사:CPA
무료 덤프 문항수:80
업로드 날짜:2026-01-08
평점
100%

문제 1

Chamba Co has 50 million $0*50 ordinary shares in issue with a total marketcapitalizationof $150 million. For the year just ended, after-tax profits were $20 million and are expected to rise by 25% in the forthcoming year. Chamba Co has a constant dividend payout ratio of 40% and intends to increase the dividend by 5% per year after payment of the forthcoming year's dividend.
Which ONE of the following is the expected rate of return from the ordinary shares?

문제 2

Akkadia Co expects sales revenue of $20 million for the coming year. It also aims to achieve the following ratios: current ratio of 2.5:1; sales revenue to current assets of 4:1; and acid test ratio of 2:1.
Based on this, what will be the forecast for inventory?

문제 3

It has been suggested that preference shares have the following attributes:
1.They are secured on the company's assets.
2.They pay a fixed percentage dividend.
3.They rank before creditors in the event of company liquidation.
4.Their dividends are not an allowable expense for taxation purposes.
Which of the above statements are correct?

문제 4

Dorsal Co intends to make a bonus issue of ordinary shares during the forthcoming year.
Which one of the following will be affected as a result of the issue?

문제 5

Lydia Co is financed by one million $1 ordinary shares trading at $3 each and has $2,000,000 4*25% irredeemable loan notes which have a market value of $85 per $100. Lydia Co pays tax at 30%. An equivalent all-equity financed company would have a cost of capital of 10%.
What is Lydia Co's cost of equity, according to Modigliani and Miller Proposition 2?

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