BEC Study Group Q4 2014 - Page 77

Viewing 15 replies - 1,141 through 1,155 (of 1,325 total)
1 2 3 … 76 77 78 … 87 88 89
  • Author
    Replies
  • November 14, 2014 at 2:34 am #626792
    zoc1
    Member

    Hi everyone!

    My test is in 11 days (eek) per the Ninja MCQ counter (idk why I populate the exam date everytime…it makes me more stressed out).

    Out of the three WC, is one thrown out similar to the SIMs? Like a “test” question to see how candidates perform?

    REG - 83
    FAR - 76
    AUD - 80!!!
    BEC - 76!!!!!!!

    November 14, 2014 at 2:42 am #626793
    Anonymous
    Inactive

    Yep, one is the pretest question.

    November 14, 2014 at 3:00 am #626794
    zoc1
    Member

    Thanks CPAHOPEFUL11!

    REG - 83
    FAR - 76
    AUD - 80!!!
    BEC - 76!!!!!!!

    November 14, 2014 at 3:58 am #626795
    Anonymous
    Inactive

    Please don't tell me I will see these types of problems on the test.

    Newmass, Inc., paid a cash dividend to its common shareholders over the past 12 months of $2.20 per share. The current market value of the common stock is $40 per share and investors are anticipating the common dividend to grow at a rate of 6% annually. The costs to issue new common stock will be 5% of the market value. The cost of a new common stock issue will be:

    A.

    11.50%.

    B.

    11.79%.

    C.

    11.83%.

    D.

    12.13%.

    November 14, 2014 at 1:37 pm #626796
    ala72
    Participant

    @CPAHOPEFUL11 – ‘I went, I saw, I was conquered' by a very similar question. sorry 🙁

    Licensed NH CPA as of July 2015

    AUD - 74 (Oct '13), 84 (Jan '14)
    FAR - 79 (Feb '14)
    REG - 61 (May '13), 81 (Aug '14)
    BEC - 79 (Nov '14)

    November 14, 2014 at 3:45 pm #626797
    Anonymous
    Inactive

    @CPAHOPEFUL11… I believe it's B, let me know if I'm right.

    (dividend paid/(price of stock minus floatation costs))+growth %

    So, 40*.05=2 for floatation cost, then you take 40 minus 2 to get 38. The dividend price is 2.20 so take that divided by 38 which equals .0579.

    Now you have to add the dividend growth 6% to get a final answer of .1179 or 11.79%

    November 14, 2014 at 4:03 pm #626798
    Anonymous
    Inactive

    Answer is D

    2.2 * 0.6=.132 so then .132+2.2=2.33

    40*0.5=2 so 40-2=38

    2.33/38 +.06=12.13%

    November 14, 2014 at 4:39 pm #626799
    Anonymous
    Inactive

    Can you look something up for me? Is adding the growth at the end of the formula for stock price growth and not dividend growth? When they say in this problem 6% it's added in the numerator because it is linked to the dividend?

    November 14, 2014 at 5:04 pm #626800
    Anonymous
    Inactive

    Correct, see I would never get this right on the test. At least you seem to have the logic down.

    November 14, 2014 at 5:53 pm #626801
    Anonymous
    Inactive

    Thanks, I'll remember to look out for this on the exam!

    November 14, 2014 at 6:01 pm #626802
    Tarheelgirl
    Member

    I was calculating the problem the same as DunkinDonutsJunkie. Glad yall explained I would have never caught that too. Have to pay attention to the wording on these calculations.

    FAR - 46, 79 (7/8/14)
    AUD - 56, 59, 2/23/15 3rd times a charm!
    BEC - 69, 74 Really??
    REG - April, I hope. Fingers crossed!

    November 14, 2014 at 8:41 pm #626803
    weneedthis1
    Member

    Hello,

    I have a question for anyone that is using Becker for BEC.

    I have the 2013 becker materials and am taking the exam November 30th. I had not opened becker in awhile, so about 2 months ago I updated all 4 of the sections. As I am going through the lectures I have noticed that the COSO components have changed. For the control environment in 2013 I used to be able to use PHRASED numonic (Philosophy and operating style of management, human resources, reporting (financial) competencies, authority and responsibility, structure, ethical values, directors) However, now when looking at the Ebook and the lectures it now says it is EBOCA (Ethics, Board independence, Organizational structure, Commitment to Competence, Accountability). This also effected the components of the ERM internal environment. Because of this I studied it and am fine with it, however, one I started doing the MC questions, they are still asking me questions about PHRASED. Which do I need to know? Why is Becker updating lectures but not the MCQs? It is starting to become very frustrating when I can't figure out what I should be studying/following. Any insight would be greatly appreciated.

    November 14, 2014 at 10:58 pm #626804
    Anonymous
    Inactive

    Currently trending at a 67% and my exam is Sunday. I'm so screwed!

    November 14, 2014 at 11:19 pm #626805
    BEACPA
    Participant

    CPAHOPEFUL11,

    Regarding the question you posted, where the answer was D) .1213. Did this come from B6? That is, if you're using Becker to study. If your not using Becker, would you be able to say that this problem uses one of the “Price Multiples” for the solution? Thanks in advance! Good luck studying!

    FAR - 2/28/14 PASS Praise be to God!
    AUD - 7/5/14 PASS Praise be to God!
    BEC - 11/29/14PASS Praise be to God!
    REG - 2/28/14 PASS Praise be to God!

    November 14, 2014 at 11:49 pm #626806
    Anonymous
    Inactive

    I am not using Becker and this came off Ninja. I will try posting the explanation for the answer.

  • Author
    Replies
Viewing 15 replies - 1,141 through 1,155 (of 1,325 total)
1 2 3 … 76 77 78 … 87 88 89
  • The topic ‘BEC Study Group Q4 2014 - Page 77’ is closed to new replies.