NO.PZ2022123001000067
问题如下:
A company has an unsecured line of credit and needs to maintain its EBIT-to-interest coverage ratio greater than 2.0. Its EBIT is estimated to be between $36 million and $48million, with all values equally likely. If the forecasted interest charge for the year is $20million, the probability that EBIT/interest will be more than 2.0 is closest to:
选项:
A.
66.7%
B.
61.5%
C.
33.3%
解释:
The EBIT-to-interest ratio is equal to 2.0 when the EBIT is $40 million. Given that the values between $36 million and $48 million are equally likely, the probability of the ratio being equal to or less than 2.0 is 33.3% (= [$40 million – $36 million]/[$48 million – $36 million]). Consequently, the probability of the ratio being greater than 2.0 is 66.7% (i.e., 1 – Probability of the ratio being equal to or less than 2.0).
麻烦老师翻一下,没看明白