NO.PZ2018062004000129
问题如下:
What conclusion can be drawn according to the following table?
选项:
A.The company’s total asset turnover may increase and its leverage may decrease.
B.The company’s total asset turnover may increase and its leverage may increase.
C.The company’s total asset turnover may decrease and its leverage may increase.
解释:
C is correct.According to DuPont analysis,ROE=ROA*Leverage=Net profit margin*Total asset turnover*Leverage.Since ROE increased and ROA decreased,leverage would increase.Since net profit margin increased and ROA decreased,total asset turnover might decrease.
在本题的数据中,2016年的ROA大于ROE,这种情况可能吗?