问题如下:
5.Under the assumptions given in Exhibit 4, Retail, Inc.'s, level of debt on the balance sheet is most likely to:
选项: increase over the next three years.
remain constant over the next three years.
C.decrease over the next three years.
解释:
5.B Given a constant debt-to-equity ratio, the level of debt will remain constant if the level of equity remains constant. Given that Retail, Inc., intends to pay out all net income as dividends over the period, and there are no share repurchases or gains and losses in other comprehensive income, Retail, Inc.'s, equity will remain constant.
这题我可不可以这样理解:1、公司每年会增长5%的利润但是全部以股利发放,所以不影响equity,所以不影响asset;2、虽然OCI直接进equity,但是题中并没有说明到底是gain还是loss,所以不影响equity,所以不影响asset。最终不影响asset,则不影响debt。这样理解可以吗?