NO.PZ2022090804000012
问题如下：
The Bearing Corp. invests only in positive-NPV projects. Which of the following statements is true?选项：
A.Bearing’s ROIC is greater than its COC. B.Bearing’s COC is greater than its ROIC. C.We cannot reach any conclusions about the relationship between the company’s ROIC and COC.解释：
SolutionA is correct. Because all Bearing’s projects have a positive NPV, they are all providing a return that is greater than the opportunity COC. Therefore, the ROIC must be greater than the COC.
NPV是用现金流算出来的，而ROIC和COC是账面财务指标算出来的，不能同等去比较，所以算C,为啥不能这样理解。
