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Economic Profit and Valuation Concepts

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

Which of the following is not a time period in a valuation model?

a)

Planning Period

b)

Historical Period

c)

Budget Period

d)

Terminal

2.

TSRs are the best external measure of performance for the company as a whole

a)

True

b)

False

3.

What does the final calculation to get to economic profit?

a)

EBIT - WACC

b)

WACC * Total Capital

c)

EBIT - Capital Charge

d)

NOPAT - Capital Charge

4.

Which of the following is an example of non-tangible capital?

a)

Patents

b)

Machinery

c)

Inventory

d)

Buildings

5.

A business generating positive cash flow must be creating value

a)

True

b)

False

6.

Economic profit margins are consistent across industries

a)

True

b)

False

7.

A governing objective should NOT be...

a)

A single stand-alone goal

b)

Easily quantifiable

c)

Short-term focused

d)

Closely linked between internal and external objectives

8.

What characteristics should you NOT look for when choosing a peer set?

a)

Similar financial profile

b)

Similar geographic segments

c)

Similar operating segments

d)

Stated in Proxy / Annual reports

9.

A company's valuation reflects the complete picture of its performance

a)

True

b)

False

10.

Having a negative economic profit margin means a company is underperforming

a)

True

b)

False