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  本篇代寫論文 價格-證券投資分析講了作爲一個重要的案例研究,Facebook Inc.在2013年的交易中,在市場價格範圍內確立了顯著的增長前景。然而,該公司報告的淨資產收益率爲4%,原因是培育增長啓動所需的開發成本。發展的成本是爲將來獲得收入而進行的投資。如果有收入的實現,Facebook的收入將會有顯著的增長,不僅是在收入方面,而且是在可變成本覆蓋方面。他們的固定成本價值已經是成本了。由於這類投資的成本而導致的較低的淨資產收益率水平往往預示着收益的潛在增長,以及不確定性的增長。本篇代寫論文 價格文章由美國第一論文 Assignment First輔導網整理,供大家參考閱讀。

  As a significant case study, Facebook Inc. was in trade in 2013 with significant prospects of growth established within the price of market. However, the company was making reports of 4 percent on the ROE because of the cost of development expenses for fostering the initiation of growth. The costs of development had been investments for gaining revenue in the future. If there had been a realization of revenues, Facebook would have had significant growth of earning, not only in terms of revenue but only with the coverage of variable costs. Their value of fixed cost had already been cost. The lower level of ROE because of the costing of these types of investments tends to be indicating the potential growth of earnings, along with the growth of uncertainty.

  As a matter of fact, one can question if there is recognition of risk by conservative accounting for assessing the risk of price. The theory of asset pricing states that this will be the scenario if the risk cannot be considered as diversifiable. Value investors tend to be screening over high B/P and E/P with the notion that low prices of book value and earning provide an indication of mispricing. However, this depicts the fact that purchases of value may involve the purchases of risky growth of earnings (Mehra, 2003).

  There are not only data of real world showing ambiguousness regarding nature perceived by value risk, but a number of recent events have suggested that stocks of growth tend to possess risk with the event of bubble collapse. Also, there is an involvement of behavioural issues. It will be admitted by efficient marketers that due to the absence of persisting towards growth of earnings, the prices of growth stock are higher in comparison with the current value of future dividends and earnings (Miller, 2001). Further ahead, it has been well presented that negative earnings end up hitting the growth stocks in comparison with value stock, and within the same manner, positive earnings present benefits for value stocks more in comparison with growth stocks. However, when considering certain scenarios, growth stocks involve more risk in comparison with the value stocks.