概述和买方策略返回上一级 单选题（共4题，每题20分）1 . A “cash flow” loan is（“现金流量”贷款是）: A.A loan that is secured by the likely sale proceeds of inventory and plant（贷款由可能出售的存货和设备收入担保） B.A popular debt device in many emerging markets（在许多新兴市场流行的债务策略） C.A loan that seeks repayment principally from future earnings since the borrower lacks sufficient collateral（由于借款人缺乏足够的抵押品，主要从未来收益寻求还款的贷款） D.None of the above（以上都不是） 我的答案： A 2 . What is a key constraint in emerging market Mergers and Acquisitions（新兴市场兼并和收购的关键约束是什么）? A.Family business involved in emerging markets（涉及新兴市场的家族企业） B.Lack of foreign buyers（缺乏外国买家） C.Local lenders prefer natural resource transactions（当地的贷款人更喜欢自然资源交易） D.Local accounting is suspect（本地会计是可疑的） 我的答案： A 3 . If Thai Petrochemical (Thailand) acquires a United States petrochemical firm at a reasonable price, the P/E multiple of Thai Petrochemical might increase. Why（如泰国石化以合理的价格，泰国石化的P/E倍数可能会增加。为什么）? A.PTT becomes a more risky company with a U.S. deal. This means the PTT stock is more attractive(PTT通过美国交易成。这意味着PTT股票更具吸引力) B.U.S. firms have less political and currency risk than Thai companies. This means PTT stock is more attractive(的政治和货币风。 这意味着PTT股票更具吸引力) 我的答案： B 4 . Cost synergies are easy to obtain in American Mergers and Acquisition deals because(在美国兼并和收购交易中很容易获得成本协同效应，因为): A.The buyer can fire (or lay off) the employees of the acquisition with little penalty(买方可以很少的处罚解雇或辞退收购的员工) B.American investors pay little attention to anti-competition concerns（美国投资者很少关注反竞争问题） C.American firms can be acquired cheaply because of the last financial crisis（由于金融危机，可以被廉价获收购） 我的答案： A 判断题（共1题，每题 20分）1 . On a global basis, most acquisitions are smaller than US$100 million.（在全球范围内，大多数收购交易金额少于1亿美元。） 对 错 我的答案： 对
下一篇：怎样写企业兼并协议书