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一路向北 · 2023年10月30日

A为什么不对?

NO.PZ2022120702000065

问题如下:

Food service operators are seeing one of the most important and growing trends in the past decade – the “gourmetisation” of fast food into a new category of food service called fast casual. One of the strongest restaurant concepts fast casual restaurants do not offer a full table service; however, they do advertise higher quality food in comparison to fast food restaurants. As a result, fast casual restaurants are perceived as an intermediate option between fast food and casual dining, and usually priced accordingly. Fast casual is now the fastest growing category in the food serviceindustry.

Below is information from two German companies in the fast casual restaurant sub- sector, which may or may not be material.


Regulators are discussing a ban on single-use plastic. How might this impact Company A and Company B financially?

选项:

A.Company A’s cost of capital would increase more than Company B’s because of its higher use of single-use plastic. B.Company A’s costs would increase by .6 multiplied by the difference between the price of the single-use plastic and its alternative. C.Company B’s costs would reduce by .5 multiplied by the average cost of the single- use plastic used in its stores. D.Company B’s costs would increase by .5 multiplied by the average cost of the alternative to single-use plastic.

解释:

监管机构正在讨论禁止使用一次性塑料,因此可以首先确定,两家公司对一次性塑料的使用会增加其成本。具体增加的成本为其每年一次性塑料的用量乘以一次性塑料和替代品的价格之差。

A里面说,Company A一次性塑料的用量比Company B大,那成本增加也会比Company B多,这有什么不对?

1 个答案

Tina_品职助教 · 2023年10月30日

嗨,努力学习的PZer你好:


Cost of capital 是融资成本,谁的问题严重,这个成本就越高。

A公司每年Single use plastic 0.6吨,B公司每年用0.5吨。看似A的总量大。但是根据两家公司的收入水平,A公司的规模是B公司的将近4倍。考虑两家公司规模的差异,平均下来,A公司单位收入的一次性塑料使用量要小于B公司,平均下来B公司的问题更加严重。

A选项没有考虑规模问题。B公司单位产值的single-use plastic使用更高,随着管控,CompanyB‘s Cost of capital 会比A高。

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努力的时光都是限量版,加油!

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