第六章金融资产和递延资产评估（the sixth chapter, financial assets and deferred assets evaluation）.doc

第六章 金融资产和递延资产评估（The sixth chapter, financial assets and deferred assets evaluation）The sixth chapter, financial assets and deferred assets evaluationI. exercises1. Terminology explanation(1) the intrinsic price of financial assets (2) shares (3) the liquidation price of shares (3) the market price of shares2, individual choice questions(1) was to evaluate the bond for 4 years one-time debt bonds 100000 yuan, the annual interest rate is 18%, excluding interest, when evaluating the purchase of bonds has over 2 years of time, when the Treasury rate is 10%, the risk return rate was 2%, the value of the bonds to be evaluated (yuan)A. 137117, b.172000, C., 118000, d.153380(2) the enterprise has 100 bonds issued by a company for 5 years, each face value is 10 thousand yuan, and the bond interest rate is 9% each year. Interest on compound interest is payable, and a debt service is paid at maturity. There is still two years to assess the base date until the maturity of the bond. If the discount rate is applicable to 15%, the assessed value of the enterprise bond owned by the evaluated enterprise is close to (10000) yuan.A. 109, B. 116, C. 122, D. 154(3) by the evaluation of enterprise A company has a total of 900 thousand yuan face value of unlisted ordinary shares, the shareholding period from the point of view, the annual dividend distribution is equivalent to the par 10%, assessment staff learned through the investigation of A per year to 80% after tax profits for the dividend, the other 20% for the company to expand production, the company has development potential strong, profit rate of equity to maintain the level of 15%, the discount rate is set to 12%, the enterprise has A, such as the use of stock dividend growth evaluation model is evaluated, the evaluation value is (most likely).A. 900000 yuan, B. 1000000 yuan, C. 750000 yuan, D. 600000 yuan(4) a company leases a street house in January 1997 for a period of 4 years at a rental rate of 40 thousand yuan (assuming monetary value is not considered here). In January 1999, the company paid fire insurance premiums to the insurance company for 240 yuan. In June 30, 1999, the rent on the company's account had been amortized by $30 thousand. The company, with the consent of the landlord, is willing to sublet the house in July 1999. If the market rent has not changed since 1997, the objective rent for the sublet should be RMB yuanA. 15120, b.12150, C., 20120, d.20220(5) from the perspective of asset appraisal, deferred assets belong to one ().A. prepaid expenses, B. prepaid expenses, C. intangible assets, D. fixed assets(6) the liquidation price of shares of listed companies is ().A. the ratio of total assets to total shares, the ratio of B. assets to shares in circulationThe ratio of C. net assets to the total number of listed shares, the ratio of D. net assets to total shares(7) assessed enterprises have normal business for 3 years, the long-term prepaid expenses account balance is 1 million 200 thousand yuan, including fixed assets repair costs 850 thousand yuan, office decoration costs 150 thousand yuan, 200 thousand yuan rent products sales department. The total amount of rent in the rent of 200 thousand yuan fee for a term of 5 years, to the valuation date has been leased for 1 years, companies have not yet amortization, and repairs and renovation costs are amortized according to the balance of 10 years, the long-term deferred expenses assessed value (yuan)A, 16 b, 20 C, 35 d, 1163, multiple-choice questions(1) bonds have the following characteristics: ().A, bond liquidity, B, bond security, C, bond profitability, D, investment risk is small(2) stock evaluation is related to stock.A, intrinsic value B, book value C, market value D, clearing price e, par value(3) the types of evaluation of unlisted bonds can be divided into ().A, fixed dividend model B, dividend growth modelC pays interest each year, maturity D, subsection model e, and maturity after maturity(4) the assessment of financial assets is to the investor ().A, investment quality assessment, B, solvency assessment, C, profitability evaluationD, liquidity assessment, e, all asset assessment(5) the items included in the deferred assets include ().A, rent, fixed assets, improvement expenses, B, prepaid newspaper and magazine fees, C, start-up expensesD, fixed assets repair expenses e, accrued interest expense expenses4. Questions and answers(1) what are the characteristics of the stock investment?(2) what are the investment characteristics of bonds?(3) the evaluation characteristics of financial assets are briefly described.(4) what are the four common models for the evaluation of common stock?(5) briefly describe the characteristics of deferred asset assessment.5. Calculation questions(1) a company holds 200 shares of preferred stock issue。