10 . Common-size financial statements recast each statement item as
11 . Financial statement forecasts rely on additivity within financial statements and articulation across financial statements . Given this information sales growth forecasts will most likely affect growth in
12 . Equity-based valuation models are based on all metrics except
13 . If a firm has a market beta of 0.9 , is subject to an income tax rate of 35 percent , has a risk-free rate of 6 percent , a market risk premium of 7 percent , and has a market value of debt to market value of equity ratio of 60 percent , what does the market expect the firm to generate in terms of equity returns using CAPM ?
14 . Equity valuation models based on dividends , cash flows , and earnings have been the topic of many theoretical and empirical research studies in recent years . All of the following are true regarding these studies except :
15 . A disadvantage of the free cash flow valuation method i 16 . 17 . Operating assets include all of the following except